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

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 ...

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

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

Tax season 2025 starts January 27. Missing the April 15th deadline can result in penalties and interest on unpaid taxes.

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 ...