Can't Pay Your Taxes? - KTUL.com - Tulsa, Oklahoma - News, Weather & Sports

Can't Pay Your Taxes?

Posted: Updated:

While many tax refunds may be late in coming if the government shuts down, the IRS says your taxes are still due on time. What if you can't pay your taxes?

IRS Commissioner Doug Shulman made it clear this week that Americans will still be expected to file their taxes by this year's deadline of April 18. The IRS says you should still file your return by the deadline and pay as much as you can to avoid penalties and interest.  

If you file your return without paying the balance due, the IRS will charge a late payment penalty, but Tulsa CPA Jeff Frable says that penalty is only half a percent a month. Frable says one option is contact the IRS to set up a plan to make the payments in installments. He says if you stay current on your payments, the IRS will leave you alone.

Frable says the important thing is to file your tax return, even if you can't pay the tax owed.  And call the IRS to discuss your situation. Click here for more options if you can't pay.

 

  • NewsMore>>

  • Deadly Crash Shuts Down Highway 75 in West Tulsa

    Deadly Crash Shuts Down Highway 75 in West Tulsa

    Northbound lanes of Highway 75 were closed at the beginning of the morning rush hour early Friday after a deadly crash hours earlier.Drivers were being detoured at the 41st street exit. Tulsa Police say a 27-year-old man was thrown from his pickup truck when he went off the road, crashed into a guardrail and rolled down an embankment.The accident happened just after 12:45 a.m. north of 41st street.Witnesses at the scene told police they saw the truck speeding and driving erratically just befo...More >>
    Northbound lanes of Highway 75 were closed at the beginning of the morning rush hour early Friday after a deadly crash hours earlier.Drivers were being detoured at the 41st street exit. Tulsa Police say a 27-year-old man was thrown from his pickup truck when he went off the road, crashed into a guardrail and rolled down an embankment.The accident happened just after 12:45 a.m. north of 41st street.Witnesses at the scene told police they saw the truck speeding and driving erratically just befo...More >>
  • OKC Police Officer in Custody for Sexual Misconduct

    OKC Police Officer in Custody for Sexual Misconduct

    An Oklahoma City police officer has been accused of sexual misconduct and taken into custody.OKC police officer Daniel Holtzclaw was taken into custody earlier this afternoon in front of a Gold's Gym.Holtzclaw is accused of requiring women to expose themselves and perform sexual acts. He has been booked in the Oklahoma County jail on multiple charges, including rape, rape by instrumentation, forcible sodomy and sexual battery charges.Holtzclaw bond is set at five million dollars.More >>
    An Oklahoma City police officer has been accused of sexual misconduct and taken into custody.OKC police officer Daniel Holtzclaw was taken into custody earlier this afternoon in front of a Gold's Gym.Holtzclaw is accused of requiring women to expose themselves and perform sexual acts. He has been booked in the Oklahoma County jail on multiple charges, including rape, rape by instrumentation, forcible sodomy and sexual battery charges.Holtzclaw bond is set at five million dollars.More >>
  • NASCAR Sprint Cup Race At Bristol To Air On Alternate Channels In Tulsa Area

    NASCAR Sprint Cup Race At Bristol To Air On Alternate Channels In Tulsa Area

    Due to Tulsa Channel 8's live airing of the St. Louis Rams preseason game against the Cleveland Browns on Saturday, August 23, the schedule NASCAR Sprint Cup race at Bristol will be moved to alternate channels as follows:Over the air--KTUL 8.3 Cox Cable---131 DISH DirecTV---ESPN Alternate Channels DISH---channel 145 DirecTV---channel 209-1More >>
    Due to Tulsa Channel 8's live airing of the St. Louis Rams preseason game against the Cleveland Browns on Saturday, August 23, the schedule NASCAR Sprint Cup race at Bristol will be moved to alternate channels as follows:Over the air--KTUL 8.3 Cox Cable---131 DISH DirecTV---ESPN Alternate Channels DISH---channel 145 DirecTV---channel 209-1More >>
Powered by WorldNow

P.O. Box 8 Tulsa, OK 74101-0008

Powered by WorldNow

All content © Copyright 2000 - 2014 Worldnow and KTUL. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service.