If your student loan forgiveness is subject to taxes, any amount you receive in forgiveness is considered taxable income.

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

Business vs. personal tax debt: trust fund taxes can create personal liability. IRS relief tools include installment agreements, offers-in-compromise, and CNC status. Penalty abatement may reduce or ...

Tax season came to an end this week, much to the relief of millions of Americans. But if you hit submit on your taxes and were left with a bill you can't pay, you're far from alone. As inflation ...

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 ...

Another stressful tax season has come and gone, much to the relief of taxpayers across the nation. But while the tax filing deadline has passed, that isn't necessarily the end of the tax-related ...

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 ...

With national tax debt mounting, more and more Americans are looking for a way to resolve their IRS debt in the easiest and most cost-effective way. That’s where tax relief companies come in. These ...

If you’re facing a large tax bill from the IRS after filing, you might wonder if you’re eligible for tax relief. Understanding who qualifies for tax relief can help you take advantage of tax relief ...

Getting behind on your taxes can result in penalties, including liens and levies on your business. Here’s what to do if ...

Filing taxes is already stressful enough, and it is even more so if you find you owe the IRS money. As the number of people who owe a tax bill at the end of the year increases and household budgets ...