There are a few different approaches you can take if you owe the IRS over $10,000 in taxes. Here's what to know.

This is the big one. April 15 is the deadline to file your federal income tax return for 2024 unless you request an extension ...

For an increasing number of Americans, though, paying their tax bill is simply not an option. As of early 2024, hundreds of billions of dollars in back taxes were owed to the Internal Revenue ...

IRS Fresh Start program pros to know. The IRS Fresh Start program offers a number of unique benefits to taxpayers, ...

That being said, unfiled and unpaid taxes could eventually catch up to you one day. The IRS could garnish your wages if you ...

I have built up a large amount of debt, about $170K in tax debt ($145K to federal and $25K to California) which was due to ...

That said, if you owe the IRS but can't pay, the situation isn't hopeless. There are a few pathways for taxpayers to resolve ...

A July report, requested by Ernst, found over 5,800 IRS and contractor employees owed nearly $50 million in overdue taxes. Only 20 of the agency’s employees who failed to pay taxes were terminated.

If your return has been received, the IRS is still processing and has not yet issued a refund. If the refund has been approved, the agency is preparing to send it by the date shown. If the refund has ...

The IRS can use aggressive tactics to collect your tax debt, but you may be able to negotiate a settlement instead.

Text Callout : Key Takeaways - Get a Mortgage When You Owe the IRS Don't assume you can't get a mortgage if you owe back taxes, but be prepared to take some steps to correct the problem.

About one in five eligible filers overlook this credit, the IRS said. Certain filers can receive up to $7,830 more back in ...