If you owe money to the Internal Revenue Service and haven’t taken steps to pay what you owe, you may receive a letter in the mail that indicates that the IRS knows that you owe money or that it would like to have you contact it about an installment plan. In some...
Many adults only have to think about their income taxes when they file their annual tax returns. Their employers handle the necessary withholding of estimated taxes and send the money directly to federal and state authorities. However, those who aren't employees may...
Many individuals become worried when facing IRS tax debt and the possibility of being summoned to attend a detailed audit. Failing to address this critical situation, however, can lead to increased penalties and devastating consequences. It is wise to confront the...
