Unpaid tax debt can be scary. While credit card debt accrues interest and may lead to calls and letters from your creditors, tax debt accrues interest and penalties, which adds up faster than credit ...

Small businesses face unique tax debt challenges. Learn about IRS relief options like installment plans, OIC, CNC status, and penalty abatement.

In fiscal year 2024, individual taxpayers will owe an estimated $525 billion in tax debt. 1 Based on the most recent tax data from the IRS, more than 10 million taxpayers owe back taxes. 2 If you have ...

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 ...

Five Star Tax Resolution is a tax law office specializing in helping businesses and individuals with Internal Revenue Service (IRS) tax problems. Its team of professionals assists people in ...

When taxes go unpaid, they can quickly snowball — the more you owe, the more penalties may be added to your bill, making it even harder to pay off. Tax relief or tax resolution services can help by ...