The IRS “one-time forgiveness” refers to the First-Time Penalty Abatement program, offering relief from certain penalties for compliant taxpayers.

The Internal Revenue Service warned consumers against bogus claims by promoters that tax debts can be settled for "pennies on the dollar" through the Offer in Compromise Program. IRS Commissioner Mark ...

Question: I went through a long and expensive divorce a few years ago which decimated me financially. After the divorce, I racked up a large IRS tax bill, basically using tax dollars I owed to finance ...

The Internal Revenue Service agreed to ease its policies for low-income taxpayers who are trying to settle their tax debts and still get tax refunds, after the head of the Taxpayer Advocate Service ...