Wondering if you qualify for IRS tax forgiveness? Learn OIC, penalty relief and hardship rules, plus what the IRS looks for.

A 2024 study by Qualtrics found that 23% of tax filers expected to go into debt to pay their tax bill, and another 23% said they’d need to take on new debt to resolve it. In fact, IRS data shows ...

Logan Allec, CPA is the founder, owner and president of tax relief services company Choice Tax Relief, which serves clients nationwide. Every day, my staff and I interact with business owners burdened ...

The term 'one-time forgiveness' is frequently used by tax relief firms as a marketing strategy. Contrary to popular belief, there is no official IRS program by this name. Instead, it generally refers ...

The IRS Fresh Start Program, which was launched in 2011, has assisted thousands of taxpayers in lowering or restructuring excessive tax burden. However, one must know that this program is undergoing ...

When people talk about settling with the IRS, they’re usually referring to the Offer in Compromise program — a legitimate, federally administered path that allows qualifying taxpayers to resolve their ...