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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 - 11h -
How to dispute a collection debt you don't owe
Have you been contacted about a collection debt that isn't valid (or isn't yours)? Here's how to dispute it.CBS News - 14h -
Conservative ire threatens to jeopardize key vote on Trump agenda bill
Speaker Mike Johnson’s (R-La.) plan to hold a key vote for the GOP’s sweeping agenda bill this week is in jeopardy as hardline conservatives voice opposition to the level of spending cuts in the ...The Hill - 21h -
7 things debt collectors are required to tell you
Debt collectors are required by law to disclose certain information and knowing what that is could benefit you.CBS News - 3d -
Owe the IRS more than $10,000? Here's what to do.
There are a few different approaches you can take if you owe the IRS over $10,000 in taxes. Here's what to know.CBS News - 3d -
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 -
Federal Debt Is Now Worrying Even Progressives
Long a focus of conservatives, the level of public borrowing is starting to concern left-leaning economists. Proposed remedies still differ radically.The New York Times - 4d -
Germany’s omerta on the debt brake is costing it dearly
The country’s fiscal rules stifle much-needed investment and create perverse incentives for its European partnersFinancial Times - 5d -
Johnson floats possibility of working with Democrats on debt ceiling
DORAL, Fla. — Speaker Mike Johnson (R-La.) in a Tuesday interview with The Hill’s Emily Brooks floated the possibility of working with Democrats to raise the debt ceiling instead of including it in ...The Hill - 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 -
3 signs you need debt relief for 2025
Not sure if 2025 is the year to secure debt relief support? Here are three major signs to look for.CBS News - Jan. 27 -
Why the IRS may be coming to tax your cryptocurrency
This is how many crypto investors evade taxes.MarketWatch - Jan. 27 -
Making money online? The IRS is cracking down on unreported income
The world of "side hustles" has opened the door for many to make money in previously unconventional ways.The Hill - Jan. 27 -
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 -
The GOP debt limit jam
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story GOP faces tough decision on debt limit Some House Republicans are getting anxious ...The Hill - Jan. 24 -
3 reasons to pursue debt relief this February
Taking advantage of debt relief can be a smart move at nearly any time, but it could make even more sense now.CBS News - Jan. 24 -
How much debt is required to file for bankruptcy?
If you're planning to file for bankruptcy, it's important to understand the minimum debt requirements beforehand.CBS News - Jan. 24 -
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 -
What happens if you owe the IRS but can't pay?
Owing money to the IRS is stressful, especially if you're unable to pay. Here's what happens in those situations.CBS News - Jan. 23 -
What is the credit card debt collection process?
Understanding these steps can demystify the process and help you find the right approach to get rid of your debt.CBS News - Jan. 23 -
Progressives focus their ire on US 'oligarchy'
Progressives are focusing their messaging on being anti-oligarchy, training their sights not just on Republicans but also on Democrats they argue are too beholden to corporate interests. Following ...The Hill - Jan. 23 -
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 -
How the Debt Could Hamstring Trump’s Agenda
Republicans are hunting for ways to pay for President Trump’s expensive plans while avoiding a freakout on Wall Street.The New York Times - Jan. 22 -
Trump's and Biden's Inauguration Day pardons draw bipartisan ire
After the Justice Department's four-year effort to arrest, prosecute and punish those behind the Jan. 6 Capitol riot, President Trump granted clemency to roughly 1,500 people Monday night. Earlier ...CBS News - Jan. 21 -
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 -
Tips for paying off debt
With nearly half of Americans carrying credit card balances month-to-month, CBS News business analyst Jill Schlesinger provides tips on how to pay down debt.CBS News - Jan. 16 -
Ex-England boss Eriksson died heavily in debt
Swedish football manager Sven-Goran Eriksson, the first foreigner to lead the England national team, died with debts of over £3.8 million ($4.64 million) following years of financial mismanagement.ESPN - Jan. 15 -
Penguins place Malkin on IR; Bunting in car accident
The Pittsburgh Penguins placed center Evgeni Malkin on injured reserve on Sunday with an upper-body injury.Yahoo Sports - Jan. 13 -
IRS delays after ID thefts 'unconscionable,' watchdog says. Here are 3 ways to protect yourself
A new tax season is nearly here, and with it an opportunity for identity thieves to take advantage of taxpayers. So what can taxpayers do to protect themselves in 2025?The Hill - Jan. 12 -
House Republicans face massive debt problem
House Republicans have a problem. They want to pass a massive agenda for President-elect Trump, preferably in his first 100 days of office. And they don’t want to add to the federal deficit. That ...The Hill - Jan. 11 -
Another rough night for UCLA coach Mick Cronin: This time his ire was directed at the officials
This time UCLA coach Mick Cronin turned his disdain toward the officialsABC News - Jan. 11 -
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
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 -
Trump's IRS pick raises concerns about qualifications, Sen. Warren says
The background of Billy Long, an ex-congressman and auctioneer, raises questions about his qualifications, Sen. Warren says.CBS News - Jan. 9 -
Taxpayer Advocate urges Congress to preserve IRS funding for service, technology
The National Taxpayer Advocate has urged Congress to preserve IRS funding for taxpayer service and technology amid Republican scrutiny.CNBC - Jan. 8 -
Who qualifies for the IRS Fresh Start program?
The IRS' Fresh Start program could help you catch up on delinquent tax debt — but you'll have to qualify first.CBS News - Jan. 7 -
What proof must credit card debt collectors provide for a debt?
Debt collectors must provide proof that a debt is valid. Otherwise, they have to stop their collection efforts.CBS News - Jan. 6
