CINCINNATI (WKRC) — The IRS has resumed its efforts to collect tax debt for the first time since the COVID-19 pandemic, leading to increased financial stress for many individuals. It has been noted ...
IRS furloughs and delayed notices may offer temporary breathing room – but experts warn taxpayers not to mistake delays for debt forgiveness. IRVINE, CALIFORNIA / ACCESS Newswire / October 22, 2025 / ...
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5 hidden costs of ignoring your IRS tax debt
Tax season might be over, but for millions of Americans, the stress lingers due to having overdue tax debt with the Internal Revenue Service (IRS). Part of the issue is that sticky inflation, high ...
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Understanding your options to deal with federal tax debt
What is a Federal Income Tax Debt? A tax debt is when a person owes income tax to the federal government. Every year, people ...
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These are the debt payment plans to the IRS if you do not have sufficient resources at this time
Confronting a tax debt and dealing with the IRS can be an incredibly stressful situation for anyone. However, it's crucial to understand that the IRS provides several options if you find yourself ...
IRS furloughs and delayed notices may offer temporary breathing room – but experts warn taxpayers not to mistake delays for debt forgiveness. During a shutdown, the IRS typically scales back staffing ...
Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...
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