Receiving a notice from the IRS about unpaid taxes can be daunting, especially if the amount exceeds your immediate payment ...

IRS offers payment plans for taxpayers with outstanding balances, allowing installment payments.

Knowing how IRS minimum payments are calculated can make a major difference in how manageable your tax debt is.

The Internal Revenue Service (IRS) has emphasized the critical need for taxpayers who have missed the federal tax filing and payment deadlines to act quickly. Failing to address tax debts promptly can ...

Filing your tax return on time is crucial, even if you can't pay the full amount owed. The IRS emphasizes the importance of submitting your return by the April 15 deadline to avoid the late filing ...

If you underpaid your 2024 taxes, you may be in for an unwelcome surprise, including a 0.5% monthly failure-to-pay penalty and 7% interest on the unpaid amount, based on current IRS rates. Plus, the ...

Whether you underwithheld taxes on your paycheck or didn't make your estimated tax payments, you might have a surprise bill from the IRS. So when you see how much you owe, you might realize you can't ...

GREENSBORO, N.C. — If you recently filed your taxes and discovered you owe Uncle Sam maybe even a few thousand dollars, take a breath because you have options. You have a few weeks to develop a plan ...