The IRS Fresh Start program isn't a magic solution that erases all tax problems, however. While it has helped many taxpayers ...

Owing money to the IRS is stressful, especially if you're unable to pay. Here's what happens in those situations.

What tax debt relief is. The IRS offers several options to accommodate different financial circumstances, such as payment ...

That's why, for many taxpayers, the idea of owing back taxes to the IRS conjures up images of penalties, interest charges and even legal action. Still, millions of Americans are facing issues with ...

Speak with a tax relief specialist about your options now. What can the IRS do to collect unpaid tax debt? The IRS starts the ...

Ineligible for fast-track settlement were issues that the IRS designated for litigation or considered for litigation, issues involving negotiations with foreign tax authorities through the ...

Amounts forgiven through debt settlement may be taxed as income by the IRS. An IRS worksheet shows how to avoid paying taxes on debt settlement when you're insolvent. Taxpayers who are insolvent ...

Responsibility for back taxes may be shared or assigned ... nine that follow community property laws. A divorce settlement may assign tax debt to one spouse, but the IRS can still hold both ...

One major disadvantage of debt settlement is that the government may tax forgiven or canceled debt as income. This could eat into your debt settlement savings or even wipe it out altogether.