If you can’t pay your tax bill in full, the IRS offers payment plans, settlements and hardship options — but penalties and interest can grow quickly.

Editor’s Note: The SECURE Act 2.0 created new rules allowing plan participants to take emergency distributions to cover immediate financial hardships without penalty. These emergency distributions ...

Wondering what tax relief you qualify for? Learn about IRS tax relief programs, credits, deductions and payment options based on your situation.

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Hoosiers undergoing a financial hardship may qualify for a state program that offers property tax relief. The Indiana Homeowners Assistance Fund, also known as IHAF, administered by the Indiana ...

Early withdrawals are generally subject to a 10% penalty, in addition to normal income taxes. But there are lots of exceptions—including some new ones. Here’s the latest. One source Americans consider ...

If you’re facing a financial emergency, you might be wondering: What is a hardship withdrawal and should I take one? A hardship withdrawal is an early withdrawal from certain retirement accounts, like ...

Tax debt can be one of the most stressful financial burdens to carry, as the Internal Revenue Service (IRS) has a reputation for being a strict debt collector, pursuing tax debts with remarkable ...