/ Moneywatch Managing Your Money Tax Relief From CBSNews.com Mon, 19 May 2025 01:16:00 -0400 5 /news/ways-tax-relief-can-help-with-2024-debt/ Struggling with a 2024 tax bill? Here's how tax relief could help ease your lingering IRS debt now. Thu, 15 May 2025 12:25:22 -0400 https://assets3.cbsnewsstatic.com/hub/i/r/2025/05/15/a67b5662-430a-40fa-9811-aef6cda2f388/thumbnail/60x60/64b9f5c5fcee5484958478ad502e6b4c/gettyimages-2149347304.jpg?v=6df9366690ed146f169dd0670c453f91 c406ae11-44c3-484f-b9ce-c9f08e0f9ef1 /news/how-does-the-irs-work-opportunity-tax-credit-work/ This little-known tax credit could save your business thousands of dollars per eligible hire. Here's how it works. Wed, 30 Apr 2025 12:24:35 -0400 https://assets1.cbsnewsstatic.com/hub/i/r/2025/04/30/5b5ede8a-e811-4eb8-aae7-b4dd77e5bb6d/thumbnail/60x60/08930bbba6aad8f466c5e41c629592e2/gettyimages-504572064.jpg?v=6df9366690ed146f169dd0670c453f91 e5dc94cb-efb1-449f-9f8b-1f995dcb1fca /news/how-to-choose-the-right-tax-debt-relief-option-for-your-situation/ Understanding which relief option aligns with your situation is crucial for resolving your tax issues effectively. Tue, 22 Apr 2025 12:37:53 -0400 https://assets3.cbsnewsstatic.com/hub/i/r/2025/04/22/a5222f49-baa6-4587-8656-da7c4613ed02/thumbnail/60x60/16233dcbe602ce5eaa0af9052185d101/gettyimages-1199305356.jpg?v=6df9366690ed146f169dd0670c453f91 4b0b5d01-85bb-4690-858b-809ff13ae297 /news/tax-debt-how-to-find-professional-help/ It can be tough to find the right help for your tax issues — but if you owe the IRS, it's important to do that now. Fri, 18 Apr 2025 11:46:33 -0400 https://assets1.cbsnewsstatic.com/hub/i/r/2025/04/18/482c4483-ed4f-4d0e-a7d4-f30cb613c598/thumbnail/60x60/d564d9c3fe0ae63f51c61cdabd4f2425/gettyimages-955530342.jpg?v=6df9366690ed146f169dd0670c453f91 4aa0b934-c12d-46a7-a9f2-5276cd416134 /news/how-to-negotiate-tax-debt-with-the-irs/ If you were hit with a tax bill that you can't pay out of pocket, you may be able to settle that debt with the IRS. Wed, 16 Apr 2025 12:40:22 -0400 https://assets3.cbsnewsstatic.com/hub/i/r/2025/04/16/a80944bc-8dc7-444d-8161-997665a17389/thumbnail/60x60/2e9b0df54cf998924b51168e49880cf1/gettyimages-470896082.jpg?v=6df9366690ed146f169dd0670c453f91 39cbded7-3a5b-496d-b380-ee3905629454 /news/taxes-in-2025-everything-important-to-know/ The tax filing deadline is just around the corner, but there are a few things to know before you send yours in. Mon, 14 Apr 2025 12:45:39 -0400 https://assets2.cbsnewsstatic.com/hub/i/r/2025/04/14/0c01ae78-37d6-438f-98b1-e153acc98149/thumbnail/60x60/ae2511da5be78b6470801a838da6216b/gettyimages-2161582948.jpg?v=6df9366690ed146f169dd0670c453f91 210ebc13-050b-4cb1-aebd-fb75aeb31edf /news/what-happens-if-you-owe-taxes/ If you owe taxes, be responsive to communication from the IRS or state agency — or it could end up costing you. Wed, 09 Apr 2025 10:16:00 -0400 https://assets1.cbsnewsstatic.com/hub/i/r/2025/04/09/3f4730a2-e4ff-43bd-b751-8325eb1bc285/thumbnail/60x60/a559b9a96a39f6f970e0a5f2d421318b/gettyimages-1434140809-2.jpg?v=6df9366690ed146f169dd0670c453f91 3ceb6eb5-a6f9-4715-8e0b-1bbddce07627 /news/can-a-tax-attorney-help-with-the-irs/ A tax attorney can help with any number of IRS-related issues, but this route also comes with a high price tag. Tue, 08 Apr 2025 10:13:59 -0400 https://assets2.cbsnewsstatic.com/hub/i/r/2025/04/08/4261374d-3da5-4dbe-aced-a271f1ff9bfb/thumbnail/60x60/5866a967aa2222c40a961b7f82c45944/gettyimages-1392498394.jpg?v=6df9366690ed146f169dd0670c453f91 e0cfd3ec-2f27-4f47-b9eb-08f30b981277 /news/how-to-settle-tax-debt-in-2025/ The process of negotiating with the IRS to pay less on your tax debt can be tricky — but these strategies can help. Mon, 31 Mar 2025 14:58:31 -0400 https://assets2.cbsnewsstatic.com/hub/i/r/2025/03/31/861ef14c-aa42-42d2-8c9f-16cb91dba832/thumbnail/60x60/5d94cb00cc9c10ea88096905ba0bb704/gettyimages-1363861227.jpg?v=6df9366690ed146f169dd0670c453f91 b10c0e40-12a3-4d10-a61d-68e8f2b82691 /news/how-do-i-know-if-i-have-tax-debt/ Think you may owe money to the IRS? Here's how to determine whether you have a looming tax debt. Mon, 31 Mar 2025 13:06:29 -0400 https://assets3.cbsnewsstatic.com/hub/i/r/2025/03/31/233dada7-187d-4785-9aea-22b6c8f88c73/thumbnail/60x60/5334db1971a687210b039e37d6d9250b/gettyimages-1418110432-1.jpg?v=6df9366690ed146f169dd0670c453f91 e30036c9-0fc6-43ae-8bde-7beda9c41b8e /news/cost-effective-ways-to-pay-irs-debt/ If you owe back taxes to the IRS, these strategies could help you pay less money to clear the debt. Mon, 31 Mar 2025 11:45:57 -0400 https://assets1.cbsnewsstatic.com/hub/i/r/2025/03/31/360d6a8d-d3a0-4c13-9f43-80cabb3aab52/thumbnail/60x60/8bcdadf79b4ce6a8d40eeb16ed3d215d/gettyimages-2203083432.jpg?v=6df9366690ed146f169dd0670c453f91 b4a0d076-633c-4b9d-89d9-b12e3727582a /news/how-your-taxes-are-impacted-by-changing-residency/ Making a move to another state or country is exciting — but it can also come with some big changes to your taxes. Wed, 26 Mar 2025 11:33:01 -0400 https://assets1.cbsnewsstatic.com/hub/i/r/2025/03/26/72babd8f-5c0c-468a-a677-6648a7ed822a/thumbnail/60x60/c3a2d85102810d1e630c18db44a0ad9f/gettyimages-1083774968.jpg?v=6df9366690ed146f169dd0670c453f91 08bd2546-a72b-4105-a0b1-971342c42b50 /news/how-do-tax-relief-companies-work/ A tax relief company could help resolve your tax issues, but you'll need to know how the process works first. Tue, 25 Mar 2025 13:22:00 -0400 https://assets1.cbsnewsstatic.com/hub/i/r/2025/03/25/f0fe3512-aead-4902-8c7b-804483b99e08/thumbnail/60x60/116130bab9133d9f970db3090bbf957b/gettyimages-104292251.jpg?v=6df9366690ed146f169dd0670c453f91 329b9c09-0fca-4667-8b0c-2353d4e1ae00 /news/unfiled-tax-returns-everything-to-know/ Whether you have one year of unfiled taxes or several, here's what you need to know about getting back on track. Mon, 24 Mar 2025 13:01:00 -0400 https://assets1.cbsnewsstatic.com/hub/i/r/2025/03/24/61ce4d87-0201-4ded-8790-e4e794178dce/thumbnail/60x60/696ee9db16882156bfee4de39d806494/gettyimages-2205653424.jpg?v=6df9366690ed146f169dd0670c453f91 56760079-2006-4a32-8f70-f73b72dd6606 /news/what-is-tax-debt-a-comprehensive-explanation/ Tax debt may sound straightforward, but it's really a complex situation that impacts millions of people each year. Fri, 21 Mar 2025 12:34:00 -0400 https://assets1.cbsnewsstatic.com/hub/i/r/2025/03/21/0c92c2d4-82f0-4b7e-93e6-eed3e3eceec5/thumbnail/60x60/7cabfdf986fa5493eb97328692e0342b/gettyimages-1367240482.jpg?v=6df9366690ed146f169dd0670c453f91 2956053f-97ad-4098-a831-46417f79a35a /news/when-to-hire-a-tax-attorney/ There are a number of instances in which hiring a tax attorney makes more sense than the alternatives. Tue, 25 Feb 2025 11:57:00 -0500 https://assets3.cbsnewsstatic.com/hub/i/r/2025/02/25/4e44789b-2cfe-47f4-917c-156360e30adc/thumbnail/60x60/85dea10aa9224a2e2923acc86bb4555c/gettyimages-1351110189.jpg?v=6df9366690ed146f169dd0670c453f91 61932a2a-2720-4d8c-8551-a35a881a3282 /news/does-bankruptcy-clear-tax-debt/ Clearing your IRS tax debt by filing for bankruptcy may not be as simple as you think. Wed, 12 Feb 2025 12:13:00 -0500 https://assets1.cbsnewsstatic.com/hub/i/r/2025/02/12/0afbec1d-ab89-4f14-92a7-ae772656e0da/thumbnail/60x60/9110461e4565ff256c3f0d792f838787/gettyimages-890803752.jpg?v=6df9366690ed146f169dd0670c453f91 9bc871a2-8504-4fd5-b771-867f390c3aea /news/how-do-tax-extensions-work/ It's important to understand what a tax extension does and doesn't do or you could end up making costly mistakes. Tue, 11 Feb 2025 14:03:00 -0500 https://assets2.cbsnewsstatic.com/hub/i/r/2025/02/11/fce63f3a-ffa8-485b-b547-303b1accf7c0/thumbnail/60x60/b9df266d82315f4a3907083dfb0abb05/gettyimages-2028069483.jpg?v=6df9366690ed146f169dd0670c453f91 5944dfdb-2efc-4119-9f5f-bc30899c771c /news/tax-season-2025-all-the-deadlines-taxpayers-should-know/ Taxpayers should be aware of the deadlines for this year's tax season to avoid extra fees and penalties. Mon, 10 Feb 2025 13:39:00 -0500 https://assets1.cbsnewsstatic.com/hub/i/r/2025/02/10/0a1859a2-3501-4fdd-a6c7-f4fbcdc06b83/thumbnail/60x60/f5a6d020c55ebb15d10f090f731f09ce/gettyimages-1218003969.jpg?v=6df9366690ed146f169dd0670c453f91 decb1222-6560-4059-abc9-7b456c354a64 /news/owe-the-irs-more-than-10000-heres-what-to-do/ There are a few different approaches you can take if you owe the IRS over $10,000 in taxes. Here's what to know. Fri, 31 Jan 2025 13:13:00 -0500 https://assets3.cbsnewsstatic.com/hub/i/r/2025/01/31/84697d77-8a91-4f94-8669-7dbd3f2d2864/thumbnail/60x60/f23785c48bb299d16ab0998bec38f788/gettyimages-1438794367.jpg?v=6df9366690ed146f169dd0670c453f91 902e6f34-6644-46bc-bb2f-b0102cc98045 /news/tax-extensions-how-long-can-you-push-the-filing-deadline/ You could get an extension if you're unable to file your taxes by April 15, but there are limits to know. Tue, 28 Jan 2025 12:56:00 -0500 https://assets2.cbsnewsstatic.com/hub/i/r/2025/01/28/5c885794-4f5e-4557-9572-58c4aa156315/thumbnail/60x60/b2a75c9fadafe79bd74f9597e02d2aff/gettyimages-2154425877.jpg?v=6df9366690ed146f169dd0670c453f91 4d74781e-33db-4838-a75f-bc0a39b747c0 /news/tax-scams-what-to-watch-for-in-2025/ Each year, scammers refine their tactics to trick taxpayers out of their money. Here's what to watch for this year. Tue, 28 Jan 2025 12:34:00 -0500 https://assets3.cbsnewsstatic.com/hub/i/r/2025/01/28/da756a54-2f01-4989-a15f-350e74b5015e/thumbnail/60x60/9c067d8a74ea0c8a3eaae3e61b3e66bb/gettyimages-555071331.jpg?v=6df9366690ed146f169dd0670c453f91 841924fc-4b0b-4a01-835b-9454bc9091cb