The Fresh Start program expands taxpayer options, lowers barriers to IRS relief programs and continues to give many people a ...

Debts are divided into two categories: dischargeable and nondischargeable. Dischargeable debts are those that the debtor is no longer personally liable to pay after the bankruptcy proceedings are ...

Seniors on a fixed income can find relief from tax debt through various IRS programs. Find out more about these opportunities ...

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

The IRS's new six-year rule offers relief for taxpayers with overdue returns, but strict refund deadlines remain. Act swiftly ...

On Day 1 of the federal government’s first shutdown in nearly seven years, Maryland politicians placed blame across partisan ...

South Main Street in Sheffield, Illinois. The town is part of a 136-square-mile opportunity zone. The Treasury Department and the Internal Revenue Service issued guidance Tuesday on qualified ...

For most small business owners, success is typically followed by a substantial tax bill. Here are five things every owner should know.

Josh Giddey‘s restricted free agency continues to hang over the Chicago Bulls. The playmaking guard has spent all summer holding out for a deal in the region of $30 million per year. According to ...

A 2024 study by Qualtrics found that 23% of tax filers expected to go into debt to pay their tax bill, and another 23% said they’d need to take on new debt to resolve it. In fact, IRS data shows ...

The IRS was within its means to reject an offer in compromise from a taxpayers it suspected were merely engaging in delaying tactics, the US Tax Court said. The government didn’t abuse its discretion ...