Making at least a partial payment by the deadline can help minimize interest charges and late payment penalties, the IRS said. Currently, the interest rate is 7 percent per year, compounded daily, ...

As the tax deadline approaches, many Americans find themselves unable to pay their full tax bill. The IRS offers several ...

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

Navigating the complexities of tax penalties and interest can be daunting. Understanding the differences between penalties ...

The April 15 tax ... payment plan—This option is for those who owe less than $100,000 in total, including taxes, penalties and interest. It gives taxpayers up to 180 days to pay the balance ...