Owing money to the IRS is stressful, especially if you're unable to pay. Here's what happens in those situations.

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 ...

Originally set to kick off at the beginning of 2022, the IRS planned to implement a new reporting rule that would require ...

The automatic payments will be sent to the bank account listed on the taxpayer’s 2023 return or to the address IRS has on file. The IRS plans to send separate letters to eligible taxpayers ...

If you're sitting down to file your 2024 taxes and find yourself paying more than you expected, tax experts say you may want to adjust your W4 or utilize tax credits and deductions sooner rather than ...

this option can make managing your tax debt more feasible. A partial payment installment agreement is similar to a standard installment plan but allows you to pay less than the full amount owed.

Federal income tax returns are due on April 15, but there are several other important dates to remember throughout the year.

Standard deduction A fixed dollar amount based on your income and tax filing ... your money back later. How can you deal with an unexpected tax bill? You can sign up for a payment plan on the ...

A recent Credit Karma survey found that 37 percent of taxpayers rely on their refund to get by, rising to 50 percent among millennials. Nearly half of those respondents who count on their refund said ...