The IRS's short-term payment plan gives taxpayers up to 180 days to settle their debt. It does carry a failure-to-pay penalty of 0.5% a month and interest will accrue on what you owe until the ...

Failing to pay taxes can lead to several increasing penalties, including interest, wage garnishment and legal action.

Requesting an extension can buy you some time to get your paperwork in order before filing your tax return. Here's what to ...

That has many people asking, "Will I receive an IRS stimulus check in 2025?" "IRS automatic stimulus payments" is a breakout ...

So does the IRS ever forgive the back taxes you owe, or does delinquent tax debt live on in perpetuity? The answer to this ...

The IRS plans ... The payments will go to individuals who did not claim the 2021 Recovery Rebate Credit on their tax returns for that year and who are eligible for the money.

If a tax refund is delayed by more than 45 days, the IRS is legally required to pay interest on top of the refund. While this is good for the taxpayer, Collins noted that it's not financially ...

and you could trigger "unexpected penalties and fees" by skipping a payment, according to the IRS. You typically owe estimated taxes with income from self-employment, small businesses, investments ...