Content from Forbes Advisor Brand Group is presented as part of a paid partnership with our advertisers. You receive a letter from the IRS saying your taxes are overdue. The amount you owe is higher ...

Thanks to a federal court ruling, tens of millions of taxpayers who paid penalties or late fees may be eligible for refunds. But today is the last day to act. In November 2025, the U.S. Court of ...

If you have back taxes, you can negotiate several options with the IRS, such as an offer in compromise and installment agreements. While back taxes can be daunting, understanding your options can ease ...

If you owe back taxes, it's crucial to act promptly to minimize penalties and interest. This guide walks you through the steps to take, available payment options, and common mistakes to avoid. It's ...

Kathryn Flynn is a finance writer and editor for 529 plans, student loans, budgeting, investing, tax planning, and insurance. Vikki Velasquez is a researcher and writer who has managed, coordinated, ...

Financial pressure pushes many taxpayers to tap retirement savings for IRS debt, but tax professionals warn the move can create costly setbacks for future retirement security. IRVINE, CA / ACCESS ...

Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation. Repaying compensation is generally not something done voluntarily ...