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 ...

Getting an audit letter from the Internal Revenue Service (IRS) can cause concern for even the most organized taxpayer. If you've received one of these letters after filing your taxes, you might ...

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 ...

If a business cancels some or all of a debt you legitimately owe, you may have to pay income tax on the forgiven sum. Here’s when a forgiven debt can trigger an extra income tax ...

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

The IRS’ most well-known tax forgiveness program is called the Offer in Compromise (OIC). The OIC allows taxpayers to settle their debt for less than what they owe, but requires meeting strict ...

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 ...