First and foremost, file your tax return as soon as possible, even if you can’t afford to pay the full amount you owe. Why?

Paying quarterly estimated taxes online is not only easier and faster, but it will help you sleep better at night knowing ...

Beyond payments, an online IRS account offers access to vital tax information. Users can view their most recent tax return details, including their adjusted gross income, and access tax transcripts.

If you don’t pay back taxes, the IRS can garnish your wages, seize your property or even send you to jail. If you attempt to defraud the IRS or evade paying taxes, you may be charged up to ...

Clear Start Tax Breaks Down Common Filing Mistakes, Hidden Income Triggers, and What Freelancers Can Do to Avoid IRS Trouble ...

Managing Tax Debt. If unable to pay the full tax bill, the IRS offers options to manage tax debt. Paying what you can, even partially, helps limit penalties and interest.

In fiscal 2023, the IRS received 30,163 offers in compromise to settle tax liabilities for less than the full amount. The agency accepted just 12,711, or 42 percent. Advertisement ...