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 ...
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, ...
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 ...
An installment agreement allows taxpayers to make monthly payments toward their balance, but it comes with strict compliance rules. Missed filings – even for years with little or no tax due – can ...
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 ...
Tax professionals warn that payment plans offer relief only as long as taxpayers remain fully compliant with ongoing filing requirements. IRVINE, CA / ACCESS Newswire ...
An installment agreement allows taxpayers to make monthly payments toward their balance, but it comes with strict compliance rules. Missed filings - even for years with little or no tax due - can ...