Before you pursue tax forgiveness with the IRS, it's important to ask the right questions about the rules, the requirements ...

So, what exactly is one-time forgiveness from the IRS, and who qualifies for this type of help? That's what we'll detail ...

Dealing with delinquent tax debt can be scary, even for the most seasoned taxpayers. If you don't pay off what you owe quickly, the letters from the Internal Revenue Service (IRS) arrive with ...

Debt forgiveness can reduce or wipe out certain types of debt, but you’ll typically need to meet strict criteria to qualify.

What exactly are the requirements for IRS tax forgiveness? And what other options are available for resolving your tax debt?

Facing a hefty tax bill from the Internal Revenue Service (IRS) can be daunting, especially if you're unable to pay it off quickly. This financial burden can weigh heavily on your peace of mind ...

This can provide you with much-needed relief from collection calls and letters as you work through the debt forgiveness process ... financial situation. The IRS considers forgiven debt as taxable ...

While forgiveness before 2026 won't trigger a federal tax bill, borrowers could owe taxes on future debt cancellation, experts say. President Joe Biden on Monday unveiled a new student loan ...

However, there are some exceptions that may allow a taxpayer to escape paying tax on all or part of Cancellation of Debt income reported on Forms 1099-C. The most common situations when ...