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 ...
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 ...
Don’t spend that money just yet! Rumors are circulating online that the federal government will issue new stimulus checks ...
Filing your tax return on time is crucial, even if you can't pay the full amount owed. The IRS emphasizes the importance of submitting your return by the April 15 deadline to avoid the late filing ...
For years, we have stressed the importance to our clients of making quarterly estimated tax payments. And unlike many tax preparers, we also do bookkeeping, accounting, and consulting for our small ...
Some taxpayers who paid their taxes by the April 15 deadlines are getting notices telling them they still owe money, all because of delays with the IRS electronic payment system. Some of the people ...
Tax deadline 2025 is here—it’s April 15 today, and if you haven’t filed your taxes yet, this is your last chance to act. Whether you’re ready to submit your return or you’re still figuring things out, ...
With the end of tax season approaching, some taxpayers might be tempted to use a credit card to pay off their IRS obligations. However, financial experts strongly advise against this strategy, ...
With the April 15 deadline looming, it's crucial to understand who needs to make estimated tax payments. This obligation falls on self-employed individuals, gig economy workers, retirees, investors, ...
Encountering a rejected payment from the IRS can be a stressful experience, especially when it involves a bounced check or a failed electronic transfer. The IRS views these incidents seriously and ...