Is Canceled Debt Taxable?
What is Forgiven Debt? Forgiven debt refers to any debt that a creditor cancels or discharges, meaning you’re no longer legally required to repay it. When this happens, creditors typically
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Will My Spouse’s Tax Debt Affect Me?
Am I Responsible for My Spouse’s Tax Debt? Your responsibility for a spouse’s tax debt is tied to two key factors: how you file your taxes and when the debt
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Will the IRS Take My House If I Owe Taxes?
Tax Liens: The Most Common Action If you owe the IRS a significant amount, typically $10,000 or more, the agency may file a tax lien against your property. A lien
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Can I Get My IRS Penalties and Interest Reduced?
Ever wonder if you can get IRS penalties and interest reduced or removed? We've got the answers to your questions!
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Am I Eligible For The IRS Fresh Start Program? A Guide to Tax Relief
Do you owe the IRS and don't know how you're going to pay your taxes? See if you're eligible for the IRS Fresh Start Program.
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Can Bankruptcy Erase Your Tax Debt?
The rules for bankruptcy and tax debt are complex. For many taxpayers, however, bankruptcy provides a pathway to some much-needed relief. Here's what you need to know...
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How to Apply For an IRS Offer in Compromise
Want to know how to apply for an IRS Offer in Compromise (OIC)? We break it down for you from start to finish.
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