Home Must Reads IRS offers plans for late tax payments

IRS offers plans for late tax payments

| Print |  Email
Must Reads
Thursday, April 12, 2012

The Internal Revenue Service is offering an expansion of its "Fresh Start" program as the filing deadline approaches.

In recognition of the still-tough economy, the IRS has changed a few rules to help people who are hurting financially, though it isn’t prepared to let them off the hook completely when it comes to paying taxes. But it has made it easier to avoid some hefty penalties if taxpayers need more time to pay, and to allow more people to pay their back taxes on an installment plan, with reduced penalties.
The IRS has expanded its “Fresh Start” program, which began in 2008, to give some taxpayers a six-month grace period to pay their taxes without being charged a “failure to pay” penalty.

Read more at The Register-Guard.

{biztweet}tax{/biztweet}

 

More Articles

The clean fuels opportunity

News
Monday, November 10, 2014
111014-dirtyfuel-thumbBY KIM MOORE | OB RESEARCH EDITOR

A market for low-carbon transportation fuels has a chance to flourish in Oregon if regulators adopt the second phase of the state’s Clean Fuels Program.


Read more...

Gone Girl

News
Monday, September 29, 2014
roundup-logo-thumb-14BY LINDA BAKER | OB EDITOR

Wehby disappears, Kitzhaber fails to disclose and Seattle gets bike share before Portland.


Read more...

A Complex Portrait: Immigration, Jobs and the Economy

November/December 2014
Wednesday, October 22, 2014
BY JOE ROJAS-BURKE & KIM MOORE

Oregon Business reports on the visa squeeze, the skills gap and foreign-born residents who are revitalizing rural Oregon.


Read more...

Fly Zone

November/December 2014
Wednesday, October 22, 2014
BY JOE ROJAS-BURKE

The black soldier fly’s larvae are among the most ravenous and least picky eaters on earth.


Read more...

Podcast: Turn Things Around with David Marquet

Contributed Blogs
Friday, October 17, 2014
davidmarquet thumbBY TOM COX | OB BLOGGER

How can you move from a command-and-control leadership model to one of true empowerment and accountability? David Marquet did, and he took notes along the way.


Read more...

Woman of Steel

November/December 2014
Wednesday, October 22, 2014
BY LINDA BAKER

Tamara Lundgren tackles the challenges—without getting trampled.


Read more...

What I'm Reading

November/December 2014
Wednesday, October 22, 2014

Peter Lizotte at ACME Business Solutions and Roger Busse at Pacific Continental Bank share their favorite reads.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS