Knowing how IRS minimum payments are calculated can make a major difference in how manageable your tax debt is.

For the majority of long-term payment plans, the minimum monthly payment is determined by dividing the total debt by 72 ...

For those who cannot pay the full amount they owe in taxes, the Internal Revenue Service allows qualifying taxpayers to settle their tax debt for less than the full amount. This is called an “offer in ...

Explore how tax relief programs can help you lower your tax bill and settle debts. Learn about deductions, credits, and ...

When tax season arrives, many individuals find themselves in a bind, unable to pay their taxes by the April 15 deadline. The IRS understands these financial challenges and offers solutions to help ...

If you missed filing your tax return by April 15, 2025, due to insufficient funds, the IRS advises requesting an extension until October 15. This allows you to file your return, pay as much as ...

Tax season might be over, but for millions of Americans, the stress lingers due to having overdue tax debt with the Internal Revenue Service (IRS). Part of the issue is that sticky inflation, high ...

Facing large debts may impact much more than your credit score. Under federal law, certain debts can trigger consequences that reach into unexpected parts of your life — including the risk of having ...