Home -> Law Blog Directory -> Taxation & Estate Planning Blogs -> IRS and the Law

Taxation & Estate Planning

: IRS and the Law

Proposed relief for IRS interest and penalties.

By howardlevy

In these difficult economic times, repaying the IRS is becoming harder than ever.  Installment agreements may be entered into in good faith, but while payments are being made, interest and penalties continue to run.  Every five years, interest and penalties double the original tax.  Most attempts to repay the IRS result in the amount owed increasing, not decreasing, [...]

Full post as published by IRS and the Law on March 05, 2009 (boomark / email).