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 ...
No one likes to pay penalties to the IRS when they fail to follow IRS regulations. In this column I’ll explain some ways to minimize these penalties, and possibly even obtain a complete waiver. If you ...
Question: Our accountant just sent us our 2021 tax returns that were on extension, and we owe the IRS almost $15,000. Unfortunately, we do not have the money to pay this tax. Can we make a deal with ...
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