Question: We just filed our 2022 tax returns due Nov. 16 with the latest California Disaster Relief extension and we owe the IRS almost $10,000. Unfortunately, we do not have the money to pay this tax ...

When dealing with the IRS there are very few straightforward cases. When setting up an installment agreement special circumstances abound; here’s what you need to know. PART I: Can’t Pay Your Taxes?

The IRS recently relaxed its rules for payment of smaller tax liabilities. The revised procedures now allow taxpayers up to 72 months to pay their tax obligations. The new procedures also increase the ...

Many practitioners are likely to have several clients that owe back taxes to the IRS. Increased salary and bonus, a better investment year, more self-employment income, and repayment of an excess ...

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 ...