As a professional journalist and content writer, I have gathered some important information for you to determine whether you owe money to the IRS. It’s always important to stay on top of your finances and make sure you are in good standing with the IRS. Here are 10 ways to determine if you owe the IRS money: One of the simplest ways to determine if you owe the IRS money is to check your tax forms from the previous year. Look for any discrepancies or missing information that could result in owi...
Absolutely. If you owe any government agency they will put a lien on your tax refund and it will be taken and applied to your debt. After this you will receive a letter showing the amount take and...
If you owe the IRS money this tax season, you several ways to pay your tax bill, both now and later. Here's what to know.
There are several ways to pay the IRS if you owe taxes, but just because you can pay taxes over time doesn’t always mean you should.
In fiscal 2022, the IRS assessed nearly $23.8 billion in additional taxes for returns not filed on time. Even if you cannot pay all of what you owe, at least file your return.
It's easy to get more time to file before the April 18 deadline, but you'll still have to pay the IRS if you owe money.
No one likes an unexpected tax bill. If you owe the IRS, here are a few options.
The pandemic added extra complexity to this year's tax season. Many Americans are now unsure whether they'll get a refund or will owe the IRS money.
IRS issued 12 million refunds linked to a one-time, 2020 unemployment benefit. If it didn't get to you, you must file an amended return to get yours.
If you owe the IRS money, filing your tax return late (or never) can cost you penalties and interest.