IRS Audit
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 […]
Tax Debt Collection Agency: Your Rights and Next Steps A tax debt collection agency may contact you if the IRS has transferred your unpaid tax debt to a private firm. While the IRS still oversees the process, these private collectors follow specific rules and limitations. Knowing how these agencies operate—and what your rights are—can help […]
Is Tax Debt Forgiveness Real or Just a Myth? Is tax debt forgiveness real or is it just something shady companies advertise on late-night TV? The truth is: yes, the IRS does offer real programs that can reduce or eliminate some tax debts—but they’re only available to taxpayers who meet specific qualifications. Understanding how these […]
Tax Debt Relief 2025: Updated Solutions for Taxpayers Tax debt relief 2025 offers updated solutions for Americans struggling with unpaid taxes. Whether you’re facing IRS notices, interest, or penalties, new programs and inflation-adjusted guidelines have made it easier to settle what you owe. Understanding the available options and how to qualify can help you avoid […]
Can I Negotiate My Tax Debt with the IRS and Reduce What I Owe? Can I negotiate my tax debt with the IRS if I can’t afford to pay the full amount? The answer is yes, but it depends on your financial situation and whether you meet the IRS’s strict eligibility requirements. From installment agreements […]
Finding the Best Tax Debt Relief Companies Near Me If you’re Googling tax debt relief companies near me, you’re likely facing IRS pressure, growing penalties, or even the risk of wage garnishment. Fortunately, there are local tax relief professionals who can help negotiate with the IRS on your behalf, potentially reducing what you owe or […]
Is Tax Debt Dischargeable in Bankruptcy and What Are the Rules? Is tax debt dischargeable in bankruptcy? The answer is: sometimes. Whether you can eliminate tax debt through bankruptcy depends on several factors, including the type of tax, the age of the debt, and your compliance with tax filing requirements. Understanding these rules is crucial […]
How the Tax Debt Fresh Start Program Can Help You Settle with the IRS The tax debt fresh start program is an initiative by the IRS designed to assist taxpayers in managing and resolving their tax debts more effectively. If you’re overwhelmed by back taxes, penalties, or interest, this program offers several options to help […]
How the Department of Tax Debt and Financial Settlement Services Works The Department of Tax Debt and Financial Settlement Services may sound like a government agency, but it’s not. In reality, this “department” is often a marketing name used by private companies offering tax relief or financial settlement services. If you’ve received mailers or phone […]