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 ...

Payment plan owners will have the option of making an advanced payment towards upcoming payment plan installments. Advanced payments will either reduce the amount of each installment equally or reduce ...

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 ...

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 ...

Dealing with tax debt can be overwhelming, but the IRS provides a lifeline through payment plans. If you're a qualified taxpayer or an authorized representative with Power of Attorney, you can request ...

Forbes contributors publish independent expert analyses and insights. Diane Omdahl is a Medicare expert who keeps her readers in the know.

Getting a notice from the IRS indicating an outstanding balance can be alarming, particularly if one is unable to pay the entire amount at once. IRS payment plans allow taxpayers to pay debts in ...

Tax professionals warn that everyday expenses and lifestyle choices can derail IRS payment plans before they're approved ...

How a personal loan compares to an IRS payment plan and what it means for your wallet If you’ve expected a refund on your taxes but instead received a tax bill, you ...