Falling behind on your debt to Uncle Sam can be stressful — but you’re not alone. According to the latest IRS data, Americans owed more than $157 billion in back taxes, penalties and interest for the ...

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 ...

Learn how to resolve IRS tax liens, avoid asset seizure, and understand your options—payment plans, negotiation, and more—for tax debt relief.

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 ...

Logan Allec, CPA is the founder, owner, and president of tax relief services company Choice Tax Relief, which serves clients nationwide. For most small business owners, success is typically followed ...

IRS furloughs and delayed notices may offer temporary breathing room – but experts warn taxpayers not to mistake delays for debt forgiveness. IRVINE, CALIFORNIA / ACCESS Newswire / October 22, 2025 / ...

What is a Federal Income Tax Debt? A tax debt is when a person owes income tax to the federal government. Every year, people file tax returns to report their income and the federal taxes on that ...

Private debt collectors recovered $6.7 million of the $920 million in tax debt they were assigned in 2017 despite the program costing the IRS $20 million.

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. By June, the rush of tax season is long gone. The reminders about filing ...

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 ...

IRS furloughs and delayed notices may offer temporary breathing room - but experts warn taxpayers not to mistake delays for debt forgiveness. IRVINE, CALIFORNIA / ACCESS Newswire / October 22, 2025 / ...