An Offer in Compromise can help settle tax debt for less, but there are a few things to know about the process.

If a taxpayer is unable to afford their complete tax debt, they may be able to make a compromise for a lower amount due. A ...

Still haven't filed your 2024 taxes? Here are the key questions to ask a tax pro before you make any other moves.

The IRS document — dated May 13 and titled “IRS Direct File: Filing Season 2025 Report" — follows news reports that the Trump administration has decided not to offer the tool again next year.

But others, like an Offer in Compromise, involve significant paperwork and must meet strict IRS criteria. In those cases, even getting the paperwork wrong can lead to a rejection. That's where the ...

The Senate Committee on Finance has unveiled its amendments to the One Big Beautiful Bill Act, which was approved by the ...