But if you need more help, you may want to consider hiring a tax relief company. Exercise caution: Some of these firms can be ...

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Owing money to the IRS is stressful, especially if you're unable to pay. Here's what happens in those situations.

One major disadvantage of debt settlement is that the government may tax forgiven or canceled debt as income. This could eat ...

Student loan forgiveness has been in the forefront, but the potential elimination of the student loan interest deduction ...

Take this 33-year-old California man, for example. His dire situation, in which he owes about $170,000 in tax debt, was the ...

To reduce this risk, individuals can seek innocent spouse relief from the IRS. This provision relieves a spouse of responsibility for tax debt if their ex-spouse improperly reported or omitted ...

In Trump’s plan, income earners would also gain the tax-free benefit, a change that could destabilize the Social Security ...

With President Donald Trump back in the White House, a number of student loan programs face uncertainty. Trump is a vocal ...

Tax relief companies work with the IRS or your state revenue department to reduce or eliminate your tax debt, arrange installment plans and stop garnishments and liens. The Federal Trade ...