An audit is less dramatic than it appears in the movies – here's what to expect and how to help it go smoothly.

An Offer in Compromise allows certain taxpayers to settle their tax debt with the IRS for less than the full amount owed. To qualify, taxpayers must undergo a detailed financial review of their income ...

An envelope from the Internal Revenue Service (IRS) rarely brings good news, but opening that envelope to find a tax bill that exceeds what you can immediately pay can trigger a unique kind of fear.

Forbes contributors publish independent expert analyses and insights. Guinevere Moore is a civil and criminal tax litigator. Viva, Las Vegas! Every year in December, together with hundreds of my tax ...

A 2026 study by Qualtrics found that about 22% of Americans plan to take out a loan to pay their tax bill, while another 22% say they won’t be able to pay it on time. In fact, IRS data estimates ...

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Tax relief is a broad term for various options that help taxpayers manage or reduce what they owe the IRS. Eligibility for tax relief depends on individual circumstances like income, filing history, ...

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Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation. It is used by companies to reduce or avoid liability if the IRS ...

2026 Tax Day is around the corner on Wednesday, April 15 — the last day to file and pay your federal and state income taxes. While millions have already taken care of their taxes, some people have ...