The Internal Revenue Service has released a new version of Form 656-B, Offer in Compromise Booklet, and a revised Form 656, Offer in Compromise. The new Form 656-B contains all of the forms and ...

The Internal Revenue Service warned consumers against bogus claims by promoters that tax debts can be settled for "pennies on the dollar" through the Offer in Compromise Program. IRS Commissioner Mark ...

Paying taxes is an inevitable responsibility that can be stressful for even the most financially stable individuals. If you’re experiencing economic hardship, it can feel overwhelming. Fortunately, ...

Question: I went through a long and expensive divorce a few years ago which decimated me financially. After the divorce, I racked up a large IRS tax bill, basically using tax dollars I owed to finance ...

Question: I have been unemployed for the past six months and am basically financially tapped out. I owe the IRS a small fortune for past taxes that I have no realistic way of paying back this lifetime ...