Category Archives: Payment options

IRS Offers New Penalty Relief Options

Posted on March 8, 2012 by

The IRS announced several new penlaty relief options for tax payers that should offer much needed relief for those finding themselves unable to pay their taxes. There are several new provisions: Penalty Relief To assist those most in need, a … Continue reading →

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In-Business Trust Fund Express Installment Agreements

Posted on June 22, 2011 by

Small businesses who currently have employees can qualify for an In-Business Trust Fund Express Installment Agreement (IBTF-Express IA). These installment agreements generally do not require a financial statement or financial verification as part of the application process. The criteria to … Continue reading →

Posted in Payment options, Trust Fund Taxes and Penalties | Leave a comment

Borrowing money to pay taxes

Posted on March 22, 2011 by

Given the rate at which penalties and interest accrue, it might be a good idea to borrow money to pay the taxes. In many situations, the rate of interest that you would pay to a family member, or even to … Continue reading →

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