Knowing how IRS minimum payments are calculated can make a major difference in how manageable your tax debt is.

Explore how tax relief programs can help you lower your tax bill and settle debts. Learn about deductions, credits, and ...

Ignoring tax debt triggers rapidly growing penalties and increases the likelihood of IRS action. Addressing the balance early protects your finances and opens the door to realistic repayment or relief ...

State documents indicate interest added more than $53,000 to the balance, while penalties contributed about $40,000.

CINCINNATI (WKRC) — The IRS has resumed its efforts to collect tax debt for the first time since the COVID-19 pandemic, leading to increased financial stress for many individuals. It has been noted ...

Even simple mistakes can raise red flags with the IRS. Here's what deserves special attention so you can avoid triggering an ...

Tax season might be over, but for millions of Americans, the stress lingers due to having overdue tax debt with the Internal Revenue Service (IRS). Part of the issue is that sticky inflation, high ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. The IRS hasn't exactly made things easier, either. The federal agency is ...

Even though your tax return could show that you're in for a refund from the IRS, the funds could be kept in what's known as ...

Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...