Does the IRS ever forgive back taxes?

Tax debt can be one of the most stressful financial burdens to carry, as the Internal Revenue Service (IRS) has a reputation ...
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IRS final notice of intent to levy: What it means and what to do

The IRS Final Notice of Intent to Levy is a formal notification sent to taxpayers, indicating the IRS's intention to legally seize their assets to settle a tax debt. This action, known as a levy, is a ...
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What will the IRS do if you don't file your taxes?

As we inch toward the final tax filing deadline of April 15, millions of Americans are feeling the stress that comes with filling out the complex forms and the potential of owing money to the Internal ...
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How does the IRS 10-year statute of limitations work?

The Internal Revenue Service (IRS) operates under a 10-year statute of limitations for collecting taxes. This period begins ...