Sponsored by Energy Trust

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

Crowdfunding 2.0

News
Tuesday, December 02, 2014
120214-crowdfund-thumbBY LINDA BAKER

A conversation with attorney Erich Merrill about the latest way to raise money from large groups of people.


Read more...

Healthcare Perspective

November/December 2014
Wednesday, October 22, 2014
BY KIM MOORE

A conversation with Majd El-Azma, president and CEO of LifeWise Health Plan of Oregon, followed by the Healthcare Powerlist.


Read more...

The short list: 5 companies making a mint off kale

The Latest
Thursday, November 20, 2014
kale-thumbnailBY OB STAFF

Farmers, grocery stores and food processors cash in on kale.


Read more...

Corner Office: Sheree Arntson

January-Powerbook 2015
Saturday, December 13, 2014

Checking in with the managing director of Arnerich Massena.


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...

Shifting Ground

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

Bans on genetically modified crops create uncertainty for farmers.


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