So, you find yourself owing the IRS and not being able to pay? Sometimes, due to unforeseen circumstances a taxpayer is unable to pay their entire balance due to the IRS. Rather than failing to file ...

Question: We just filed delinquent 2023 tax returns and we owe the IRS $8,000 that we do not have. Can we make a deal with the IRS to pay them off monthly over time? Answer: A guaranteed installment ...

The user fees taxpayers must pay to enter into an installment agreement with the IRS will change on Jan. 1, 2017, under proposed regulations the IRS issued in August. Installment agreements allow ...

If you put off filing your tax return and owe the government money, you could be in hot water. You’ll not only get penalized for filing late, but you’ll also have to pay interest and penalties on the ...

Receiving a notice from the Internal Revenue Service (IRS) about unpaid taxes can trigger feelings of fear, no matter what your original balance is. After all, the combination of the original tax ...

If you put off filing your tax return and owe the government money, you could be in hot water. You’ll not only get penalized for filing late, but you’ll also have to pay interest and penalties on the ...

If you owe taxes but can't pay the full amount by the April 18 deadline you should still file your return on time and pay as much as you can to avoid penalties and interest. You should also contact ...

The realization that you owe the Internal Revenue Service (IRS) a substantial amount of money can feel like a major crisis. A tax debt exceeding $25,000 isn't just a bill, after all — it's a financial ...

Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...