No one likes to pay penalties to the IRS when they fail to follow IRS regulations. In this column I’ll explain some ways to minimize these penalties, and possibly even obtain a complete waiver. If you ...

So, you find yourself owing the IRS and not being able to pay? Sometimes, due to unforeseen circumstances a taxpayer is unable to pay their entire balance due to the IRS. Rather than failing to file ...

Question: Our accountant just sent us our 2021 tax returns that were on extension, and we owe the IRS almost $15,000. Unfortunately, we do not have the money to pay this tax. Can we make a deal with ...

For many people facing back taxes or unpaid federal tax debt, a partial pay installment agreement (PPIA) is one solution. PPIAs spread out payments over time, based on how much the taxpayer can ...