The IRS “one-time forgiveness” refers to the First-Time Penalty Abatement program, offering relief from certain penalties for compliant taxpayers.

Because the IRS had offset a taxpayer’s liability from subsequent refunds, it was no longer pursuing a levy, and a petition ...

LAKE FOREST, IL – An Illinois physician, Dr. Krishnaswami Sriram of Lake Forest, has been sentenced to 34 months in prison after being convicted of health care fraud and for concealing assets and ...

Getting out of debt is probably the most common financial goal people set for themselves. While debt settlement companies can negotiate with your creditors, most don't work with tax debt. Tax relief ...

Amid negotiations, Democrats may feel like they finally have some leverage against the Trump administration, according to a ...

Spreads on U.S. government credit default swaps, market-based gauges of the risk of a sovereign default, have ticked higher ...