IRS creates online tax debt tool

The Internal Revenue Service introduced an online Tax Debt Help tool Thursday, the day after the tax deadline, to help taxpayers  understand and resolve their tax debts. Processing Content The new resource on IRS.gov aims to give individuals and businesses a simple way to explore their various payment options and select the next steps based…

IRS launches online tool to help resolve tax debt

WASHINGTON, D.C. (KFOR) – The Internal Revenue Service (IRS) announced on Thursday a new online tool for taxpayers to understand and resolve tax debt. The Tax Debt Help tool, according to the IRS, is designed for individuals and businesses exploring payment options for their situation. The IRS says the effort is a part of expanding its digital…

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When can you get collections removed from your credit reports? What you need to know

Allowing an account to fall into collections is a dagger in the heart of your credit. This alerts other lenders that you’re a risky customer with a history of failing to repay your debts in a timely manner (if at all). But even if you’ve got pristine credit habits, it’s possible to find an erroneous collection on your credit report from time to time. So, when can you…

IRS Unveils Online Tool to Help Taxpayers Resolve Tax Debt

The Internal Revenue Service on Thursday launched a new online tool aimed at helping individuals and businesses better understand and resolve tax debt. The Tax Debt Help tool, available at IRS.gov, is designed to guide users through payment and resolution options using a series of interactive questions. The resource is part of the agency’s broader effort to expand…