IRS Form 433-D is the document you use to request a payment plan (an installment agreement) with the...
A Collection Information Statement (CIS) is a form you might need to fill out when you owe the IRS money...
IRS Form 1040 is the standard form used by U.S. taxpayers to file their annual individual income tax...
IRS Form 1099-MISC is a form used to report payments made to individuals or businesses who are not employees....
Reasonable Collection Potential (RCP) is the IRS's assessment of your capacity to pay back your tax debt....
The Shared Responsibility Payment (SRP) was a penalty for not having qualifying health insurance under...
Self-employment tax is a tax primarily for those who work for themselves, and it covers Social Security...
The statute of limitations on tax debt is a time limit the IRS has to collect taxes you owe. It's important...
A tax adjustment is a change made to your initial tax calculation, either increasing or decreasing your...
Tax deferment is a way to postpone paying taxes on income or investment gains until a later date. It...