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 our 2022 tax returns due Nov. 16 with the latest California Disaster Relief extension and we owe the IRS almost $10,000. Unfortunately, we do not have the money to pay this tax ...

Taxpayers needing to set up an installment agreement to pay off their tax liability could be subject to higher - or lower - fees starting January 1, 2017, if an IRS proposal is adopted. If you’re ...

The Internal Revenue Service frequently establishes payment plans for delinquent taxpayers without considering whether taxpayers can afford to pay them, according to a new report. The report by the ...

The Internal Revenue Service needs to do a better job of administering the partial payment installment agreements it offers to taxpayers with delinquent tax debts as many of them end up defaulting, ...

It’s my annual "Taxes from A to Z" series! If you’re wondering whether you can claim home office expenses or whether to deduct a capital loss, you won’t want to miss a single letter. I is for ...

Know your options, 24 hours before the IRS' tax filing deadline. April 14, 2013 — -- If this year's tax filing deadline will be a "pay" day for you and you don't have the cash, the Internal ...

If you don't pay your business taxes on time, the Internal Revenue Service is likely to notice. The first thing you'll receive is correspondence informing you that the IRS hasn't received its tax ...

Question: My wife and I just completed our 2020 tax returns that were on extension and we owe the IRS close to $25,000 which we do not have at this time. Can we make a deal with the IRS to pay them ...