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 ...
Tax professionals say many taxpayers are unaware that the IRS has broad authority to seize funds once required notices are ...
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 ...
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 ...
What is a Federal Income Tax Debt? A tax debt is when a person owes income tax to the federal government. Every year, people ...
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 / ...