If you underpaid your 2024 taxes, you may be in for an unwelcome surprise, including a 0.5% monthly failure-to-pay penalty ...

The IRS has powerful tools at its disposal, and if your tax debt exceeds $25,000, the penalties could be serious.

But what if you owe the IRS money and you don’t have the cash to pay up? If you don’t pay, you’ll be charged penalties and ...

Navigating the complexities of IRS tax debt can be daunting, especially when you're unable to pay the full amount owed.

If you register for automatic monthly withdrawals online ... compare rates and fees with what you would pay through an IRS installment plan. (Be sure to consider how long it will take to settle ...

A personal loan can help you pay outstanding taxes quickly, but be sure to consider an IRS repayment plan and other alternatives before borrowing one.

With 2022 taxes behind us, you’d probably much rather focus on your summer plans than think about next year’s taxes. But if ...

The messages, sent by federal loan servicers under the direction of the U.S. Department of Education, remind borrowers of the ...

The Internal Revenue Service offers installment plans that divide what you ... Use the loan proceeds to pay your tax debt, then make monthly payments to pay off the loan as quickly as possible.

The Education Department stopped accepting and processing applications for all income-driven repayment plans after a court ...

If you're enrolled in any income-driven repayment plan and reach the end of your repayment term, Rubin said you'll be placed in an interest-free forbearance period until the court offers a final ...

Long-term payment plan – The payment period is longer than 120 days, paid in monthly payments, and the amount owed is less ...