The Internal Revenue Service reminds taxpayers that they don’t need to wait until April 15 to file their 2024 federal return, and if they owe and are unable to pay the balance in full, there are ...

When tax season arrives, many individuals find themselves in a bind, unable to pay their taxes by the April 15 deadline. The IRS understands these financial challenges and offers solutions to help ...

The Internal Revenue Service (IRS) has emphasized the critical need for taxpayers who have missed the federal tax filing and payment deadlines to act quickly. Failing to address tax debts promptly can ...

Clients in deep individual tax debt to the IRS now have a retooled payment option—if they qualify and know the pitfalls. The IRS Simple Installment Agreement (IA) has replaced the agency’s Streamlined ...

Borrowers who have federal loans forgiven through income-driven repayment (IDR) plans will not have this amount considered taxable income through the end of 2025, but may face a large tax bill if they ...