As long as the total of your liabilities exceeds the value of your assets when your debt is canceled, you may claim the ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. But what happens to your tax refund if you owe money to debt collectors?

Learn how to spot a legitimate tax relief company, including key signs of trustworthiness and red flags that could signal a scam.

Each week in our Ask the Editor series, Joy Taylor, The Kiplinger Tax Letter editor, answers questions on topics submitted by readers. This week, she's looking at four questions relating to how ...

The Internal Revenue Service (IRS) collects billions of dollars each year in back taxes, penalties and interest, in large part because it has an arsenal of tools to collect what's owed. Wage ...