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 ...

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 ...

Money Research Collective’s editorial team solely created this content. Opinions are their own, but compensation and in-depth research determine where and how companies may appear. Many featured ...

The Internal Revenue Service has automated user fee calculations for taxpayers who enter into installment agreements to make it easier to determine their eligibility for fee reductions for low-income ...

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, ...

Let our top-rated tax debt relief team help you resolve your tax problems. If you end up owing more taxes than you can pay on time, you can experience larger problems than costly tax penalties and ...

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 ...

Q. I just filed my 2019 tax returns and I owe the IRS approximately $10,000, which I cannot afford to pay right now. Can I make a deal with the IRS to pay them off over time? A. For a taxpayer with ...

The Internal Revenue Service has released proposed regulations that would increase the user fees for both offers in compromise and installment agreements for the first time since 2007. The proposal ...