IRS relief programs may reduce or eliminate tax debt for qualified taxpayers. Here's what experts say to know.

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

Receiving a letter from the IRS can be unsettling, but understanding its purpose and knowing how to respond can ease concerns ...

Paying off IRS debt doesn't have to drain your finances. By exploring cost-effective options like an Offer in Compromise, installment agreements and penalty abatement, you may be able to find a ...

The IRS's First-Time Penalty Abatement policy can provide relief from failure-to-file, failure-to-pay and failure-to-deposit penalties for a single tax period if you have a clean compliance ...

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 ...

Facing tax debt? The IRS Offer in Compromise lets you settle for less, but strict criteria apply. Learn about penalties, CNC ...

"That's a 25% penalty on what you should've withdrawn," warns tax pro Ed Slott in Forbes. Widows, kids under 21, or disabled heirs might dodge this, but siblings or pals inheriting? You're on the ...

Supporters of the proposed legislation say it addresses a long-standing gap in taxpayer communication, reducing confusion.