Education Center

Tax Debt

Don’t let unpaid tax debt lead to property liens, drained bank accounts and wage garnishment.

Back taxes are one of the most potentially crippling forms of debt, so it’s critical to find solutions quickly. The IRS can garnish wages, places liens and even use levies to take money directly out of your bank accounts. Whats more, penalties and interest add up quickly, turning even a minor issue into a major problem.

These articles explain you how to reach a resolution with the IRS so you can end problems with tax debt. Whether it’s filing Currently Not Collectible to avoid collections or qualifying for forgiveness under Innocent Spouse, find your solution here!

Tax Debt Resources

  • What is Tax Debt?

    If you know how tax debt is incurred, you can avoid it.

  • Back Taxes: End Your Challenges with Unpaid Tax Debt

    Legal Ways to End Problems with Back Taxes Owed to the IRS. What are back taxes? Back taxes are any taxes that you owe that remain unpaid after the year that they are due. Basically, if you let an entire filing year go by without paying the IRS what you owe, it’s considered “back taxes.” […]

  • Finding the Best Tax Debt Relief Solution

    We help you explore different options available for tax debt relief so you can find the right solution for your unique financial situation.

  • Installment Agreements: A Tax Payment Plan

    We show you how installment agreements allow you to break a big tax debt problem into manageable monthly payments that work for your budget.

  • How to Settle Tax Debt

    Learn how to settle tax debt with the IRS using an Offer in Compromise Can you settle IRS tax debt? Yes. It is possible to settle tax debt for less than you owe with the IRS. You use a solution known as an Offer in Compromise or OIC. This is the solution you may hear […]

  • The Realist’s Guide to Tax Debt Forgiveness

    While total tax debt forgiveness is a bit of a myth, there ARE relief options you can use to reduce or eliminate your liability on unpaid tax debt.

  • Tax Debt Consolidation

    When you want to consolidate unpaid tax debt from multiple years into a single repayment plan, you typically use an installment agreement (IA). We explain how this differs from credit card and student loan consolidation and how it works.

  • Qualifying for Currently Not Collectible (CNC)

    If you’re struggling to cover basic living expenses, qualifying for CNC status can help you avoid being hounded by the IRS to collect unpaid tax debt.

  • Offer in Compromise: IRS Debt Reduction

    If you can’t pay back tax debt due to financial hardship, an Offer in Compromise (OIC) allows you to reduce debt in a way that won’t hurt your outlook.

  • IRS Innocent Spouse Relief

    Can you qualify for this unique tax debt forgiveness status with the IRS to break free of your back taxes? When it comes to back taxes, the IRS doesn’t let an unpaid debt go easily. In truth, there are very few ways to qualify for tax debt forgiveness – even partial forgiveness. That makes Innocent […]

  • Understanding the IRS Collections Process

    If you’re facing collections from the IRS, we’ll explain how the process works so you can either avoid collection or find a way to handle it smartly.

  • Penalties & Interest: Don’t Overpay The IRS

    The IRS adds penalties and interest every month you don’t pay your taxes. Learn how to make a plan that avoids the pitfalls of these extra costs.

  • The Facts on Your Federal Tax Lien

    Avoid the placement of a tax lien by seeking resolution.

  • IRS Bank Levies: Tapping Your Accounts

    Levies allow the IRS to take money directly out of your bank accounts to cover unpaid tax debt. Learn how to protect your cash flow from levies.

  • Top Questions About Tax Debt

    Easy answers about the IRS, back taxes, and how you can take control. Tax debt is one of the scariest and most intimidating types of debt you can face. As a government agency, the IRS can take any number of measures to collect debt that they think you owe. If you don’t understand how the […]

  • How Does the IRS Find out I Have Tax Debt?

    Even if you don’t file a tax return, the IRS can still find you from data they collect from third-party bank and credit info.

  • If My Spouse Owes Back Taxes Am I Liable?

    If you’re married filing jointly and your spouse doesn’t pay the IRS, then you could find yourself on the hook for that tax debt unless you take these steps.