So, you find yourself owing the IRS and not being able to pay? Sometimes, due to unforeseen circumstances a taxpayer is unable to pay their entire balance due to the IRS. Rather than failing to file ...

Question: We just filed delinquent 2023 tax returns and we owe the IRS $8,000 that we do not have. Can we make a deal with the IRS to pay them off monthly over time? Answer: A guaranteed installment ...

The user fees taxpayers must pay to enter into an installment agreement with the IRS will change on Jan. 1, 2017, under proposed regulations the IRS issued in August. Installment agreements allow ...

Settling your debt with the IRS is often more achievable than you think. If you're facing IRS tax debt, you're not alone. In 2023, the IRS collected over $104.1 billion in unpaid assessments, but ...

If you put off filing your tax return and owe the government money, you could be in hot water. You’ll not only get penalized for filing late, but you’ll also have to pay interest and penalties on the ...

Receiving a notice from the Internal Revenue Service (IRS) about unpaid taxes can trigger feelings of fear, no matter what your original balance is. After all, the combination of the original tax ...

If you put off filing your tax return and owe the government money, you could be in hot water. You’ll not only get penalized for filing late, but you’ll also have to pay interest and penalties on the ...