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 ...

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 ...

Each year, millions of taxpayers find themselves unable to pay what they owe to the Internal Revenue Service (IRS). But when you owe back taxes to the IRS, the initial balance isn't the only issue.

Tax relief companies charge a fee to negotiate with the IRS on your behalf. But the amount you pay can vary widely. You can expect to pay anywhere from $700 to $10,000, or even more, depending on what ...

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 ...

If you’re facing a large tax bill from the IRS after filing, you might wonder if you’re eligible for tax relief. Understanding who qualifies for tax relief can help you take advantage of tax relief ...

With national tax debt mounting, more and more Americans are looking for a way to resolve their IRS debt in the easiest and most cost-effective way. That’s where tax relief companies come in. These ...

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" ...

When you're struggling with growing credit card debt, finding relief can feel like a weight has been lifted off your shoulders. Whether through negotiated settlements, forgiveness programs or ...

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 ...

"Debt relief" is a broad term, and it can refer to everything from negotiating with your creditors on lower rates and fees to enrolling in a structured debt management program. Each option promises ...

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 ...