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Latest in Can I negotiate my old tax debt with the IRS

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  • Can I negotiate my old tax debt with the IRS?

    The IRS can use aggressive tactics to collect your tax debt, but you may be able to negotiate a settlement instead.
    CBS News - 5h

  • Should I file for bankruptcy or debt relief?

    Filing for bankruptcy could be a smart move in certain cases, but in others, debt relief could make more sense.
    CBS News - 4d

  • 4 ways a tax relief service can reduce your tax bill

    If you owe back taxes to the IRS, the right tax relief service could help reduce your bill. Here's how.
    CBS News - 5d

  • ‘Her crooked son has taken everything’: My fiancé’s 100-year-old aunt was swindled out of $100,000. How can we help?

    “Her son threatened to put her in a nursing home if she didn’t send his check by Friday.”
    MarketWatch - 5d

  • Can I continue to invest in my future wife’s company?

    I’m worried that being married to the owner will affect my eligibility to invest via SEIS
    Financial Times - 5d
  • 'I was diagnosed with dementia in my 40s'

    'I was diagnosed with dementia in my 40s'

    A group of people with dementia have made a film called Hear Our Voice to tackle common stereotypes.
    BBC News - 6d

  • IRS starts new tax rule for digital income

    A new rule being implemented for the 2024 tax year means revenue over $5,000 collected through platforms like PayPal or Venmo has to be reported. That includes payments for concert tickets, clothes ...
    CBS News - 6d

  • Bans, Fees, Taxes. Can Anything Stop Overtourism?

    Efforts to limit visitors in tourist hot spots have had mixed results, at best. Competing interests have a way of impeding attempts to stem the tide.
    The New York Times - 6d

  • Why the IRS may be coming to tax your cryptocurrency

    This is how many crypto investors evade taxes.
    MarketWatch - Jan. 27
  • IRS expands free tax filing program to new states: Are you eligible?

    IRS expands free tax filing program to new states: Are you eligible?

    A free tax filing program from the IRS is now available in 25 states.
    The Hill - Jan. 26

  • ‘He’s twice mentioned divorce’: My new husband told me he’ll have $500,000 for retirement, but he’s $80,000 in debt. How do I protect myself?

    “Six months after we married, we had planned to get pre-qualified for a mortgage with the intention of selling both our homes.”
    MarketWatch - Jan. 26

  • ‘I paid for everything from day one’: My husband barely worked during our marriage. Can I leave my $500,000 IRA to my son?

    ‘I do not want my husband to be able to come back to my son and claim the money’
    MarketWatch - Jan. 26

  • My sister made frequent withdrawals from the ‘bank of Mom and Dad.’ Now our family is torn apart. What can I do?

    “My sister did nothing because she was a girl, and my brother was too young to help.”
    MarketWatch - Jan. 25

  • My ex is sick but won’t retire to spite me out of benefits. He took our marriage and divorce papers, but can I get his Social Security benefits?

    “I was married to my former husband for 11 years.”
    MarketWatch - Jan. 25

  • My RMDs will be $100,000 or more. What can I do now to lower my taxable income — before it’s too late?

    “My 2023 federal adjusted income was about $87,000, which is mainly Social Security.”
    MarketWatch - Jan. 25

  • 33-year-old American living in Germany: ‘I don’t worry about not being able to pay my bills here’

    For the last five years, American Vanessa Wachtmeister has called Berlin, Germany home, and says that she has never been happier.
    CNBC - Jan. 25

  • IRS Free Tax Filing System Will Include 13 More States

    The Direct File system will be open to millions of taxpayers in 25 states, up from 12 last year. But it’s unclear what will happen to the program next year.
    The New York Times - Jan. 24

  • ‘Will I be caught in a 76% inheritance tax trap?’

    The questions families are asking their advisers, following the IHT shake-up
    Financial Times - Jan. 24

  • Why fans of the IRS’s free tax-prep program hope it becomes the next Obamacare

    The longer the Direct File tax-prep program sticks around, the harder it is to end it, which is what critics fear — and supporters want
    MarketWatch - Jan. 23
  • I was shot when I was nine years old. My message to survivors: there’s hope

    I was shot when I was nine years old. My message to survivors: there’s hope

    The recovery period was grueling and painful but it gave me the unexpected gifts of resilience and empathy. The day after I turned nine, 27 August 1961, I conquered the bicycle. After weeks of ...
    The Guardian - Jan. 23
  • While trade rumors swirl, Kevin Durant believes he can lift Suns: 'I ain’t a regular 36-year-old'

    While trade rumors swirl, Kevin Durant believes he can lift Suns: 'I ain’t a regular 36-year-old'

    Phoenix is .500 halfway through the season, but 20-12 when KD plays.
    Yahoo Sports - Jan. 22

  • Will collections debt go away if I file for bankruptcy?

    Getting rid of debt in collections is important if you want to get your finances back on track.
    CBS News - Jan. 22

  • Trump to meet with Republicans key to tax negotiations and other GOP priorities

    Their votes will be crucial to passing Trump's agenda in the closely divided House.
    Politico - Jan. 22

  • Am I liable for tax if I sell unwanted goods online?

    I’m decluttering and using an online selling service to make money
    Financial Times - Jan. 22

  • This free tax filing option is 'fast and simple,' IRS says. Here's who can use it

    Roughly 70% of taxpayers are eligible for IRS Free File. Here's how to know if you qualify.
    CNBC - Jan. 21

  • My 90-year-old parents’ neighbor is friendly, nice and, I suspect, a predator. Am I wrong?

    “He tells my parents to ignore me when I suggest that it’s time to look into senior-living situations.”
    MarketWatch - Jan. 19
  • US Debt Faces Record as Trump and GOP Plan Tax Cuts

    US Debt Faces Record as Trump and GOP Plan Tax Cuts

    The Congressional Budget Office forecasts that annual deficits will top $21 trillion over the next decade.
    The New York Times - Jan. 17

  • Can you dispute a debt that was sold to a debt collector?

    Disputing a debt that has been sold to a debt collector is not just possible — it's your legal right.
    CBS News - Jan. 17

  • Can I cut how much I pay towards my children’s school fees?

    My ex-wife has chosen a school with very high fees and I can’t afford them following VAT changes
    Financial Times - Jan. 15

  • ‘I can afford to be generous’: How much should I give my stepdaughter for her wedding gift? I want to be fair.

    “I don’t have any other children.”
    MarketWatch - Jan. 12

  • Can I move money from my IRA to an HSA? ‘Medical expenses keep growing.’

    “If there was a way to pay for them out of pretax funds, it would be most helpful.”
    MarketWatch - Jan. 10

  • IRS announces the start of the 2025 tax season

    The 2025 tax season will begin on Jan. 27 for individual taxpayers. Here are some options to file your 2024 taxes for free.
    CNBC - Jan. 10

  • Can a debt collector refuse my settlement offer?

    Negotiating a successful debt settlement could be a little more complicated than you'd expect.
    CBS News - Jan. 10

  • Does the IRS ever forgive back taxes?

    The IRS may be known for taking a hard stance on tax debt repayment, but that isn't always the case.
    CBS News - Jan. 9
  • Warren questions Trump IRS nominee's experience, promotion of tax credit

    Warren questions Trump IRS nominee's experience, promotion of tax credit

    Sen. Elizabeth Warren (D-Mass.) voiced concerns about President-elect Trump’s nominee to lead the Internal Revenue Service (IRS) on Wednesday, pressing him for answers about his previous experience ...
    The Hill - Jan. 9

  • IRS: Missing final 2024 quarterly estimated tax payment could trigger 'unexpected penalties'

    The fourth-quarter estimated tax payment for 2024 is Jan. 15. Here's how to avoid "unexpected penalties," according to the IRS.
    CNBC - Jan. 9
  • I can’t get this poor old man and his trolley out of my mind | Adrian Chiles

    I can’t get this poor old man and his trolley out of my mind | Adrian Chiles

    He wouldn’t sit down, wouldn’t get off, couldn’t or wouldn’t tell us what he wanted. What could we do? . I was part of a miserable incident on a bus. This was one evening just before Christmas and ...
    The Guardian - Jan. 9

  • I’m the executor of my 90-year-old aunt’s estate. A neighbor threatened me and wants to buy her house. What should I do?

    “I believe she doesn’t have that much time left.”
    MarketWatch - Jan. 8

  • Can I qualify for credit card debt forgiveness with a low credit score?

    A low credit score could limit your debt relief options — but will it make you ineligible for debt forgiveness?
    CBS News - Jan. 7

  • ‘He ended up homeless and penniless’: My uncle conned my father into signing over their mother’s house. What can I do?

    “His brother went to the prison where my dad was incarcerated and had him sign over the house.”
    MarketWatch - Jan. 6
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