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 ...

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'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 ...

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 ...

IRS Tax Issues During Uncertain Financial Times. Struggling with IRS tax problems? Learn how to manage tax debt, avoi ...

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 ...

Fraudulent schemes exploiting the IRS Fresh Start Program are on the rise, putting vulnerable taxpayers at risk of financial loss.

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 ...