The most recent IRS data shows Americans owed more than $157 billion in back taxes, penalties and interest for tax year 2022.

The tax code is filled with rules that allow people to minimize their taxes. Applying the right tax strategies can transform ...

You can set up a plan free or at a minimal cost ... economic hardship who are unlikely to pay their debt in full. For years, the IRS has warned about exploitative “mills,” in which companies ...

However, the IRS Free File program offers a valuable solution ... payment plan or agreement with the IRS to help manage your tax debt more effectively. One of the most useful tools at your ...

About 70% of Americans qualified for IRS Free File in 2024 ... or request a payment plan that will allow you to spread out the debt over months or years. You may also apply for an offer in ...

SmartAsset’s free tool can match you with a financial ... portion of their Social Security benefits held back until their IRS debt is satisfied. Believe it or not, people can't even get out ...