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Ken and Daria Dolan, America's First Family of Personal Finance, answer your money questions every Friday.

Click here to ask Ken and Daria your question.

The record number of unemployed Americans has taken a huge toll, as many struggle to make ends meet.
Unfortunately, the IRS shows little mercy to those in this tough position. If you owe money to the IRS, don't expect a reprieve from interest and penalties!

One WalletPop reader is dealing with this situation and we have some advice on how to handle IRS debt – even when you're out of work. Watch our video response below.

Dear Ken and Daria,

My fiancé owes the IRS $6,000, but he has been out of work for almost a year. How do we deal with this?


If you are concerned you aren't able to pay your taxes this year, check out Ken and Daria's strategies to find peace of mind.

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TurboTax Articles

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Note: Some of the content of this video applies only to taxes prepared prior to 2012. It is included here for reference only. Find out the tax guidelines about gifting with help from TurboTax in this video on tax tips.

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Note: The content of this video applies only to taxes prepared for 2010. It is included here for reference only. Income tax rates change depending on both the amount of money you make and how you made it. Find out about income tax rates with help from TurboTax in this video on tax tips.

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Does Your Company Need to File Form 1095-B?

A company is responsible for filing IRS Form 1095-B only if two conditions apply: It offers health coverage to its employees, and it is "self-insured." This means that the company itself pays its employees' medical bills, rather than an insurance company. A company that doesn't meet both conditions won't have to deal with Form 1095-B. Its employees might still receive a 1095-B, but from their insurer, not the employer.

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The Affordable Care Act requires all Americans to have health insurance or pay a tax penalty. But, who qualifies for an Affordable Care Act exemption? Find out more about who qualifies for an exemption from the Affordable Care Act tax penalty, how to claim an exemption on your tax return and how the Affordable Care Act may affect your taxes with this video from TurboTax.

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