Can't fully pay your tax bill in today's economy? Various options may be suitable for your unique circumstances.

The IRS offers two main types of payment plans: short-term and long-term. A short-term payment plan is suitable for those who owe less than $100,000 in combined taxes, penalties, and interest.

If you’re one of the many taxpayers who requested an extension for your 2024 federal tax return, the Internal Revenue Service (IRS) has a clear message for you: don’t wait until October. In a notice ...

Depending on your debt amount and financial situation, you may qualify for a short-term or long-term plan. The IRS offers two main types of plans: short-term payment plans for debts under $100,000 ...

Facing a rejected IRS payment can be daunting, but understanding the penalties and solutions can help you navigate this ...

Unpaid tax debt can quietly drain your finances and your peace of mind. Here are the hidden costs to watch for.

Confirm you meet the criteria for an online payment plan: Individuals: Owe $50,000 or less (long-term) or $100,000 or less (short-term) in combined tax, penalties, and interest, and have filed all ...

For taxpayers unable to pay their full balance, the IRS allows for online payment plan requests. There are two main types of payment plans: short-term plans, available for those owing less than ...