Need help paying your tax bill? The IRS has installment plans that can help you avoid more severe consequences.

An IRS offer in compromise can help you settle tax debt for less than you owe, but it's difficult to qualify for.

Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation. It is used by companies to reduce or avoid liability if the IRS ...

Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation. Most IRS Forms 1099 arrived around the end of January 2026 for ...

File Photo. IRS tax forms with tax refund check. WASHINGTON, D.C. - Owing money to the IRS is common, but there are official ways to manage a tax bill you can’t afford — and serious consequences if ...

An envelope from the Internal Revenue Service (IRS) rarely brings good news, but opening that envelope to find a tax bill that exceeds what you can immediately pay can trigger a unique kind of fear.

An IRS installment agreement allows taxpayers to pay off their tax debt over time through monthly payments. While these plans prevent aggressive collection actions, interest and penalties continue to ...

WASHINGTON — The Internal Revenue Service says a special one-time payment of $1,776 sent to about 1.5 million Americans last December will not be taxed. That means people who got the money will not ...

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The Internal Revenue Service (IRS) is set to introduce a pivotal change in income reporting through third-party payment apps.