Business vs. personal tax debt: trust fund taxes can create personal liability. IRS relief tools include installment agreements, offers-in-compromise, and CNC status. Penalty abatement may reduce or ...

Small business owners face a range of financial challenges now, including inflation, higher operating costs, and potentially slowing consumer demand. These economic headwinds often force entrepreneurs ...

For most small business owners, success is typically followed by a substantial tax bill. Here are five things every owner should know.

Artificial intelligence offers debt collection companies the opportunity to vastly improve margins while achieving higher ...

The Lee Jae Myung administration launched on Wednesday the “New Leap Fund” bad bank program aimed at buying up and writing ...

In a related trend, state courts are seeing a spike in debt collection lawsuits. Court filings surged in 2023 and 2024, according to a Sept. 2 report from the Pew Charitable Trusts, based on data from ...