The IRS offers two main types of plans: short-term payment plans for debts under $100,000, and long-term installment agreements for debts under $50,000.

Learn how guaranteed payments to partners work, their tax implications, and how they safeguard partners regardless of ...

A long-term payment plan, or installment agreement, is available if the balance owed is less than $50,000 in combined taxes, penalties, and interest. Taxpayers can make monthly payments for up to ...

Struggling to pay your taxes by April 15, 2025? The IRS offers solutions like filing extensions and payment plans to ease your financial burden.

An IRS installment agreement allows you to pay your tax debt over time through monthly payments rather than in one lump sum. For debts under $50,000, you can easily apply online using the IRS ...

The IRS is providing some relief to last-minute car buyers in the U.S. who hope to claim the federal electric vehicle tax ...

Time is running out to claim the federal electric vehicle tax credit. The popular incentive expires on September 30. However, ...

With about an hour left to the IRS tax filing deadline, several social media users reported seeing a ‘payment plan submission error’ on Tuesday.