If you owe money to the Internal Revenue Service (IRS), it’s in your best interest to start making payments immediately and eliminate this debt. The IRS charges significant fines to people who do not pay what they owe. Interest, along with failure-to-pay penalties, could cost up to 47.5% of the tax that you owe. If you file your taxes more than 60 days late, you could be … [Read more...] about How Do You Pay Your Taxes? Options, Strategies, and Requirements