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Receiving an unexpected letter from the IRS can be unsettling, especially during the summer when many are planning vacations.
Receiving an IRS adjustment letter can be unsettling, especially after the tax season has ended. Discover what these letters ...
The IRS has been mailing out letters to federal workers saying they are among 525,000 current and former employees who owe back taxes.
Facing tax debt can be daunting, but the IRS offers solutions to ease the burden. Discover how to qualify and apply for a payment plan that suits your needs, whether it's a short-term or long-term ...
Setting up a payment plan incurs initial administrative fees. For a long-term plan with direct debit, the fee is $22, which may be waived for low-income applicants. Non-direct debit plans cost $69 ...
The IRS offers two main types of payment plans: short-term and long-term. A short-term payment plan is suitable for those who owe less than $100,000 in combined taxes, penalties, and interest.
The IRS does not state a limit on how much it will accept for a payment plan. But people who apply for IRS payment plans online must have less than $100,000 in unpaid taxes (including penalties ...
Short-Term Payment Plan – Available for taxpayers who owe less than $100,000 in combined tax, penalties, and interest. This plan allows up to 180 days to pay off the full balance.
Short-Term Payment Plan – Available for taxpayers who owe less than $100,000 in combined tax, penalties, and interest. This plan allows up to 180 days to pay off the full balance.