It isn't always easy to pay off what's owed to the Internal Revenue Service (IRS), especially as interest and penalties begin to accumulate on your tax debt. The IRS penalties on unpaid tax debt can ...

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 ...

The student loan debt tax bomb can happen when you have to pay taxes on the student loan forgiveness you received. However, ...

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 ...

Financial struggles can feel overwhelming, especially if you're trying to juggle multiple issues, like mounting tax debt coupled with delinquent credit card bills or unpaid loans. Still, millions of ...

Amounts forgiven through debt settlement may be taxed as income by the IRS. An IRS worksheet shows how to avoid paying taxes on debt settlement when you're insolvent. Taxpayers who are insolvent can ...

Could your debt be reduced or forgiven? Take our financial relief quiz. Find my match Could your debt be reduced or forgiven? Take our financial relief quiz. You have two main choices: reduce the debt ...

Question: My wife and I never recovered from the financial disaster the Pandemic caused us. We are considering filing for Chapter 7 bankruptcy relief to get out from under a mountain of credit card ...

Your debt-to-income ratio is an important financial number to know. Not only can it affect what loans and other financial products you qualify for, but it can influence your interest rate — or what ...