Freedom Debt Relief reports tax debt relief phone call scams are prevalent, but legitimate options like the IRS offer in compromise exist for those in need.

An Offer in Compromise allows certain taxpayers to settle their tax debt with the IRS for less than the full amount owed. To qualify, taxpayers must undergo a detailed financial review of their income ...

Starting this year, borrowers who get their federal student loans forgiven could face big tax bills. The new rule will apply to those in income-driven repayment plans, which limit monthly payments to ...

Student loan borrowers who get their debt forgiven in 2026 can expect a hefty tax bill next year. But there are steps you can take now to prepare for the tab, financial advisors say. Meanwhile, those ...

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