An IRS offer in compromise can help you settle tax debt for less than you owe, but it's difficult to qualify for.

Question: I have built up multiple years of tax debt and have been living in fear of liens and garnishments. Are the television ads true? Is there a way I can make a deal for a lesser amount so I can ...

Tax season might be behind us, but for millions of Americans, the stress of unpaid tax bills still lingers. But whether it's due to an issue with unexpected income, a missed payment to the Internal ...

Qualify for an IRS Offer in Compromise to settle tax debt for less. Meet strict criteria, prove financial hardship, and submit required forms and payments.

The Offer in Compromise (OIC) is a program by the IRS that allows individuals or businesses to settle their tax debt by paying less than the full amount owed. The IRS typically approves an OIC when ...

An Offer in Compromise is one of the most sought-after forms of tax relief, as it can result in paying a fraction of what you owe to the IRS to settle your tax bill, but not everyone qualifies.

IRS relief programs may reduce or eliminate tax debt for qualified taxpayers. Here's what experts say to know.

Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...