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

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

If you've ever been in a situation where you have tax debt with the Internal Revenue Service, you know how stressful it can be. The letters from the IRS keep coming, the penalties and interest ...

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 ...

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 ...

LOS ANGELES, July 19, 2025 (GLOBE NEWSWIRE) -- Legal Tax Defense, Inc., a trusted name in tax law representation, announces the expansion of its services through the addition of new legal staff, ...

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 ...

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

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 ...

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 ...

Tax season came to an end this week, much to the relief of millions of Americans. But if you hit submit on your taxes and were left with a bill you can't pay, you're far from alone. As inflation ...