Insights
IRS Help
5 articles on irs help, newest first.
- IRS HelpYou Owe the IRS: Payment Plans, Penalties and Interest
Interest runs until the balance is paid, the late-payment penalty is 0.5% a month, and an installment agreement cuts that penalty to 0.25% if you filed on time. Here is what each option costs.
- IRS HelpYou Filed an Extension. Here Is What Still Has to Happen
An extension moves the filing deadline to October 15. It never moved the payment deadline, and interest has run on any balance since April 15.
- IRS HelpWhat to Do When You Get an IRS Notice
Most IRS mail is a computer reporting that its records and your return disagree, and the code in the upper right corner tells you which kind of disagreement you have.
- IRS HelpWhat Actually Triggers an Audit
Most IRS mail is a computer comparing your return against documents it already had, which is a different problem than an audit and takes a different fix.
- IRS HelpWhich Tax Records to Keep, and For How Long
Three years is the default, four exceptions stretch it, and the records tied to an asset you still own follow a rule of their own.
Let’s talk
Start with a conversation.
Tell me what's going on and I'll tell you plainly whether you need me.
Schedule a Conversation