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Requirements for an IRS Offer in Compromise and pay less tax
Qualify for an IRS Offer in Compromise to settle tax debt for less. Meet strict criteria, prove financial hardship, and submit required forms and payments.
How to qualify for IRS tax forgiveness, according to experts
IRS relief programs may reduce or eliminate tax debt for qualified taxpayers. Here's what experts say to know.
Trump’s ‘External Revenue Service’ can’t replace the IRS
President Trump’s proposal to replace the IRS with an External Revenue Service to collect tariffs and duties from foreign ...
Could You Owe Taxes on Forgiven Debt? How to Find Out
As long as the total of your liabilities exceeds the value of your assets when your debt is canceled, you may claim the ...
IRS fixes EV tax credit glitch for 2024 as dealerships tackle portal problems
The IRS has taken the unusual step of reopening its portal for auto dealers to submit time of sale reports for EVs sold last ...
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IRS tax returns are closed on April 15, there are repercussions for omissions
The IRS has opened the 2025 tax season, giving taxpayers until April 15 to file their returns. Missing this deadline can lead ...
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EITC, CTC, PTC and other credits that you can claim from the IRS this tax season
The IRS has issued a crucial warning for taxpayers during the 2025 tax season. Understanding the circumstances that could ...
California welcomes back free IRS Direct File with expanded reach and features | Dollars & Sense
IRS Direct File, offering free tax filing, returns with expanded features and eligibility, now reaching 25 states and 32 million Americans.