This article was published by the IRS. Taxpayers have 10 rights which make up the Taxpayer Bill of Rights. One of these ensures taxpayers have the right to pay only the amount of tax legally due, including interest and penalties, and to have the IRS apply all tax payments properly. The right to pay no more [...]
The new IRS app makes it easier to access IRS services and take care of routine tax needs from your phone. To make sure you have the official IRS app, start at IRS.gov and use the verified links to the Apple app store or Google Play. This new app replaces IRS2Go. When you open the app, [...]
If you owe money to the IRS but are unable to pay the full amount, you may be eligible to settle your tax debt for less than you owe. It's called an Offer in Compromise, or OIC. This is an agreement between you as the taxpayer and the IRS that settles a tax debt for less [...]
This article was published by the IRS. The Internal Revenue Service has issued frequently asked questions in Fact Sheet 2026-02 to help taxpayers, businesses, and other stakeholders understand the changes under Executive Order 14247: Modernizing Payment To and From America’s Bank Account. “These FAQs support the Executive Order in its effort to reduce fraud, improve security, [...]
This article was published by the IRS. It’s halfway through the year, which is a great time for taxpayers to do a quick check to make sure they’re on a smooth track to next filing season. Here are some tips: Keep good tax records. Taxpayers should keep all important tax records in one place. They can [...]
