Making at least a partial payment by the deadline can help minimize interest charges and late payment penalties, the IRS said. Currently, the interest rate is 7 percent per year, compounded daily, ...

Eligible taxpayers can apply online to set up an IRS installment agreement and pay their tax bills over time. Many, or all, of the products featured on this page are from our advertising partners ...

Facing overdue taxes can be daunting, but the IRS offers solutions to ease the burden. Understanding the deadlines, penalties ...

As long as you make some sort of effort to report and pay your taxes, you're not likely to get into criminal trouble.

If you can't cover your taxes in full, you should still file your return by April 15 and pay what you can, according to the ...

For example, some taxpayers opt to ignore IRS notices completely, hoping the problem will somehow disappear. Others rush to ...

And, the growing tax debt isn't the only issue at ... financial situation improves enough to pay. Consider a partial payment installment agreement A Partial Payment Installment Agreement (PPIA ...

Find out how to pay less on your IRS tax debt now. Set up an installment agreement An IRS installment agreement allows you to pay your tax debt over time through monthly payments rather than in ...