Falling behind on your debt to Uncle Sam can be stressful — but you’re not alone. According to the latest IRS data, Americans owed more than $157 billion in back taxes, penalties and interest for the ...

Logan Allec, CPA is the founder, owner and president of tax relief services company Choice Tax Relief, which serves clients nationwide. When taxpayers fall behind with the IRS, obtaining "tax relief" ...

"Debt relief" is a broad term, and it can refer to everything from negotiating with your creditors on lower rates and fees to ...

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 ...

Logan Allec, CPA is the founder, owner, and president of tax relief services company Choice Tax Relief, which serves clients nationwide. For most small business owners, success is typically followed ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. The IRS hasn't exactly made things easier, either. The federal agency is ...

Debt relief isn’t a quick fix for money problems. The process, also called debt settlement or debt resolution, involves paying a company to negotiate with your creditors in hopes of getting them to ...

The Federal Trade Commission is suing a supposed “tax debt relief” company over claims it was falsely impersonating government agencies, threatening consumers and pocketing “tens of millions of ...

The Department of Education agreed to procedures for student debt relief so borrowers who are eligible to have their loans canceled this year don't get hit with a huge tax bill due to the Trump ...

The federal debt will soar in the coming decades. The previous truth can be found in the monolithic nature of the proposed debt solutions. Harvard’s Greg Mankiw is hardly alone in saying posssible ...