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 ...

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 ...

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 ...

The IRS recently relaxed its rules for payment of smaller tax liabilities. The revised procedures now allow taxpayers up to 72 months to pay their tax obligations. The new procedures also increase the ...

Starting in the New Year, the Internal Revenue Service plans to increase the processing fees for installment agreements and offers in compromise, in addition to other payment arrangements. Effective ...

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 ...

If you owe current year taxes or liabilities from prior years, you may want to consider setting up an installment agreement with the IRS. But know this: It’s a revolving payment arrangement and the ...

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 Tax Court remanded a case to the IRS Appeals Office after deciding an IRS settlement officer abused her discretion by withholding approval of an installment agreement pending liquidation of nearly ...

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 ...

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 ...