7 Best Tax Relief Strategies for Small Business Owners in 2025
Getting the best tax relief results for business owners in 2025 requires strategic planning and professional guidance to navigate rising costs and IRS collections enforcement. This comprehensive guide outlines the problem of growing business tax debt, explains how the...
The Ultimate Guide to Tax Resolution: Resolve IRS Tax Debt and Reduce Stress
Tax resolution helps eligible taxpayers reduce their tax debt and restore peace of mind. Whether you’re seeking tax resolution services, wondering what tax resolution is, or searching for the best tax resolution company, understanding your options is crucial....
How Trump’s Big Beautiful Bill Changes Your Taxes in 2025 and Beyond
4 Hidden Financial Tolls of IRS Tax Debt
Millions of Americans feel the weight of IRS tax debt, but some are unaware of the broader financial strain it can place on their lives in the long term. Here are the four hidden consequences of owing back taxes, revealing how significant tax liabilities chip away at...
How to Identify Tax Impersonation in 2025
Key Takeaways The IRS contacts taxpayers by certified mail — not email, text, or social media. Genuine IRS notices include logos, notice numbers, and verified contact info. Red flags: urgent payment demands, threats, or requests for sensitive data. Verify notices on...
Can I Change My Existing Tax Payment Plan?
Already on an IRS payment plan but struggling with your monthly payments — or experiencing a financial change? You may have options. This article applies to U.S. federal tax law and explains how to modify an existing IRS Installment Agreement. TaxRise helps taxpayers...
What Is an IRS Installment Agreement?
What Is an IRS Installment Agreement?If you owe taxes to the IRS but can’t afford to pay the full balance at once, you’re not out of options. This article applies to U.S. federal tax law and explains how an IRS Installment Agreement works — one of the most common and...
What Is Currently Not Collectible (CNC) Status?
What Is Currently Not Collectible (CNC) Status?If you're unable to pay your IRS tax debt and struggling to meet basic living expenses, the IRS may temporarily pause collections. This article applies to U.S. federal tax law and explains what Currently Not Collectible...
What Is an Offer in Compromise (OIC)?
What Is an Offer in Compromise (OIC)?If you're drowning in IRS tax debt and can’t afford to pay in full, there may be a legal way out. This article applies to U.S. federal tax law and explains how an Offer in Compromise (OIC) works — one of the most powerful tools in...
What Is First-Time Penalty Abatement?
Facing penalties from the IRS for a missed filing or late payment? You may qualify for a one-time pass — if you meet the IRS's criteria. This article applies to U.S. federal tax law and explains how First-Time Penalty Abatement (FTA) works. TaxRise helps taxpayers...
