Learn how to resolve IRS tax liens, avoid asset seizure, and understand your options—payment plans, negotiation, and more—for tax debt relief.

Question: My wife and I never recovered from the financial disaster the Pandemic caused us. We are considering filing for Chapter 7 bankruptcy relief to get out from under a mountain of credit card ...

Financial struggles can feel overwhelming, especially if you're trying to juggle multiple issues, like mounting tax debt coupled with delinquent credit card bills or unpaid loans. Still, millions of ...

The term "discharged" refers to the elimination of a debtor's obligation to pay certain types of debts. Bankruptcy offers an avenue for individuals and businesses to manage overwhelming debt. It's a ...

The Supreme Court has denied the attempt of the bankruptcy trustee of a failed business to claw back assets fraudulently transferred to the Internal Revenue Service from the debtor-business's assets ...

While millions of Americans owe the IRS money in back taxes, some unfortunately owe a lot more than others. Take this 33-year-old California man, for example. His dire situation, in which he owes ...

DOVER, Del. - Solyndra LLC should provide more information about tax breaks that could be worth hundreds of millions of dollars to private equity firms that control the failed solar power company, ...

Tax debt can be one of the most stressful financial burdens to carry, as the Internal Revenue Service (IRS) has a reputation for being a strict debt collector, pursuing tax debts with remarkable ...

Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation. Suppose that your uncle loans you money, but later tells you not ...

Danny Trejo paid off a massive chunk of the tax debt he owes to the IRS and the State of California after selling off one of his homes, In Touch can exclusively report. Danny, 80, and his legal team ...