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

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

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. What may surprise you, though, is that while the IRS has lots of power ...

Got credit card debt? You aren’t alone. In the second quarter of 2025, total credit card debt in the U.S. reached a record ...

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 ...

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

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 ...

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.

Another stressful tax season has come and gone, much to the relief of taxpayers across the nation. But while the tax filing deadline has passed, that isn't necessarily the end of the tax-related ...

Small business owners face a range of financial challenges now, including inflation, higher operating costs, and potentially slowing consumer demand. These economic headwinds often force entrepreneurs ...