Getting the right tax advice and tips is vital in the complex tax world we live in. The Kiplinger Tax Letter helps you stay right on the money with the latest news and forecasts, with insight from our ...

Tax season might be behind us, but for millions of Americans, the stress of unpaid tax bills still lingers. But whether it's due to an issue with unexpected income, a missed payment to the Internal ...

Owing taxes can be stressful. Unfortunately, the actions of some companies can make it worse. As part of its "Dirty Dozen" campaign, the IRS has renewed a warning about so-called Offer in Compromise ...

Question: I have built up multiple years of tax debt and have been living in fear of liens and garnishments. Are the television ads true? Is there a way I can make a deal for a lesser amount so I can ...

Taxpayers dread owing money to the government. That’s why there are countless scams trying to hook innocent people into paying swindlers. The IRS has a legitimate program called “Offers in Compromise ...

The courts reviewed the position that taxpayers who are in bankruptcy and cannot afford to pay their tax bill can use the offer-in-compromise procedure to reduce the amount of the bill. Charles ...

Long before there were ERC mills enticing clients with often-false promises of big checks for the Employee Retention Credit, there were OIC mills — shoddy operations that claim they'll be able to make ...

Text Callout : Key Takeaways - IRS Offer in Compromise: Everything You Need to Know If you’ve found yourself in debt to Uncle Sam, there are many ways to pay what ...

If you’ve found yourself in debt to Uncle Sam, there are many ways to pay what you owe, including working out an installment plan with the IRS. What you might not know is that you could also ...

An IRS offer in compromise enables you to settle tax debt for less than you owe. Eligibility requirements for these offers are specific, and the application process can take longer than a year. You ...