Chapter 7 IRS Debt Rules: Can Bankruptcy Clear Tax Debt? Chapter 7 IRS debt discharge is possible—but only in specific circumstances. If you’re overwhelmed with back taxes and considering bankruptcy, you should understand which IRS debts may be eliminated and which are non-dischargeable under federal law. Not all tax debt goes away just because you […]
Does the IRS Sell Your Debt to Private Collectors? Does the IRS sell your debt like a credit card company might? Not exactly. While the IRS doesn’t sell tax debt in the way private lenders do, it does assign certain unpaid accounts to private collection agencies. If you’ve been contacted about a tax bill, it’s […]
Where Tax Dollars Go: Understanding Federal and Local Use Where tax dollars go is a question many Americans ask each year, especially during tax season. Taxes are a civic duty—but they’re also an investment in the infrastructure, safety, and services we all rely on. From national defense and education to social services and transportation, here’s […]
