Advances made by a taxpayer in its business of managing an arena were not bona fide debt, and the taxpayer was not entitled ...

FOR many businesses, unpaid receivables are an unavoidable part of operations. Whether arising from unpaid invoices, defaulted loans, or broken payment promises, bad debts can significantly affect a ...

A ‘tax bomb’ is set to detonate on New Year’s Day. The blast could throw the finances of millions of student loan borrowers ...

Dealing with delinquent tax debt can be scary, even for the most seasoned taxpayers. If you don't pay off what you owe quickly, the letters from the Internal Revenue Service (IRS) arrive with ...

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 ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. While the IRS is known for its aggressive approach to dealing with tax ...

Taxes are an unavoidable part of life. Whether you're a full-time employee, a freelancer or a business owner, you are legally obligated to file and pay taxes on your income each year. For many, this ...

Receiving a notice from the Internal Revenue Service (IRS) about unpaid taxes can trigger feelings of fear, no matter what your original balance is. After all, the combination of the original tax ...

Tax season brings with it a unique type of stress. Between gathering your tax documents, calculating the deductions you qualify for and meeting filing deadlines, it's easy to make mistakes that could ...