Business vs. personal tax debt: trust fund taxes can create personal liability. IRS relief tools include installment agreements, offers-in-compromise, and CNC status. Penalty abatement may reduce or ...

If you owe back taxes, finding a way to resolve the issue can be tough, especially if the Internal Revenue Service (IRS) starts sending letters, placing liens or threatening levies. In these ...

Each year, millions of taxpayers find themselves unable to pay what they owe to the Internal Revenue Service (IRS). But when you owe back taxes to the IRS, the initial balance isn't the only issue.

We found the best tax relief companies generally offer rates starting at $2,000 for full representation, require minimum ...

Tax season may be over, but for many people, the tax debt-related stress is just starting to ramp up. If you owe back taxes, have unfiled returns or just got a letter from the Internal Revenue Service ...

Don’t spend that money just yet! Rumors are circulating online that the federal government will issue new stimulus checks ...

Having your wages garnished over an unpaid debt is one of the more stressful financial consequences you can face. One day, you're making ends meet between your paycheck and your regular bills, and the ...

Sen. Elizabeth Warren is calling on the IRS to prevent student-loan borrowers from facing a "tax bomb" on debt relief ...

Could decades of careful student loan payments end with a surprise bill from the IRS? For millions of federal borrowers on ...

U.S. senators have issued a warning for student loan borrowers, as tax bills of up to $10,000 may hit in 2026. Beginning ...

Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...