The IRS has powerful tools at its disposal, and if your tax debt exceeds $25,000, the penalties could be serious.

The IRS typically issues several notices before taking action, and unresolved debts can lead to tax liens or levies that negatively impact your credit score. Unpaid state income taxes: States ...

That being said, unfiled and unpaid taxes could eventually catch up to you one day. The IRS could garnish your wages if you ...

The Internal Revenue Service ordered customer service employees back to the office. There was just one problem: not enough ...

The Internal Revenue Service (IRS) is the primary agency responsible for tax collection and enforcement in the United States. Its duties include ensuring compliance with tax obligations and ...

During the recent chaos of federal government employment moves over the past couple of weeks, two actions will impact how ...

This option helps you avoid more severe collection measures like liens and wage garnishments ... While owing $10,000 or more to the IRS is serious, it's a solvable problem with the right approach and ...

If you underpaid your 2024 taxes, you may be in for an unwelcome surprise, including a 0.5% monthly failure-to-pay penalty ...

Don't assume you can't get a mortgage if you owe back taxes, but be prepared to take some steps to correct the problem. You'll need to adhere to an IRS payment plan and share the information with ...