How Do I Reduce My IRS Installment Payment if I Can’t Reach the IRS?

Question: Dear Steve, I’ve been on a payment plan from the 2014-15-16 installment agreement – IRS keeps hanging up on me, and I cannot get thru to them to lower monthly payments. Can you help lower payments? Robyn Answer: Dear Robyn, Ultimately the IRS is the one controlling your payment. Here is the specific advice … Read more

Am I Eligible for a Second IRS Payment Plan? – Deb

Question: Dear Steve, While doing my 2012 taxes in 2013, I found I owed the IRS $5,500 more than I thought I did. It had to do with my retirement and taking a partial lump sum out AND not having the teacher retirement service remove enough. Ouch! I filed my taxes but could not pay. … Read more

I Took Money From My IRA and Now Owe the IRS. I’m So Scared. – Angela

“Dear Steve, Hi. I’ve never had any problems or issues with the IRS until 2011. I resigned from a company that I worked for 11 years due to illness. I rolled over my 401k approx 60k to an IRA local bank. After recuperating, I was unable to get a job, unemployment was still high. Anyway, … Read more

Can I Be On Two Different Payment Plans With the IRS? – Mary

“Dear Jim, Currently on a payment agreement with the irs for one year, with payments being $25.00 a month. I’m not employed, but I am seeking employment. Most likely my next employment will be of minimum wage. I have nothing, no properties, cars, nor any type of valuables. The due amount is about $16,000. For … Read more

It’s Been So Long. Do We Still Owe the IRS? – Sam

“Dear Jim, The IRS is still trying to collect $15,000 from 2000. We were in Chapter 13 in ’08-’10 and the BK was DISMISSED in Dec. ’10. In Oct. of 2011 we began making monthly payments of $50. These payments are toward the $15,000 and $640.00 assesed for 2009. Do we still owe the $15k? … Read more

I Had IRS Tax Debt in a Chapter 13 Bankruptcy That Was Dismissed. – Sam

“Dear Jim, The IRS is still trying to collect $15,000 from 2000. We were in Chapter 13 in ’08-’10 and the BK was DISMISSED in Dec. ’10. In Oct. of 2011 we began making monthly payments of $50. These payments are toward the $15,000 and $640.00 assesed for 2009. Do we still owe the $15k? … Read more

We Have an IRS Payment Plan But My Husband Just Died. What Do I Do? – Maggie

“Dear Steve, My husband recently passed away. I know I have to file taxes for him and I since we were married, but my question is do I still have to pay any taxes that we owed from previous years. He was making a payment once a month. Do I have to continue to do … Read more

Owe The IRS? Here Are Eight Awesome Insider Tips to Make it Less Painful and Cheaper

The following guest post was contributed by Jim Buttnow. Jim is a licensed CPA who spent 19 years with the IRS coordinating large compliance teams of IRS agents and specialized personnel. In the last 5 years, Jim has invented consumer and practitioner software and treatises on how to address many different tax issues. He has … Read more

If You Thought the Recession Was Bad, Wait Till You See The Tax Problems Many Will Have as a Result

Jim Buttonnow from easyIRS.com sent me over the following article to post in an attempt to warn consumers of the looming tax problems to come as a result of living through tough times. He raises some very important points and issues that will undoubtably catch consumers and land them in trouble with the IRS. This … Read more

How to Deal with the IRS if You Can’t Pay Your Taxes

Maybe you adjusted your withholding too high, or had some self-employment income you spent without setting aside money for the taxes. Maybe you sold some valuable property, or went through a divorce that messed up your finances. Or maybe you paid what you thought you owed, but the IRS sent you a bill because of … Read more