On the day following the April 15 federal tax deadline, the IRS promoted a new online tool to help taxpayers understand and resolve tax debt.
The Tax Debt Help tool provides individuals and businesses with a simple, accessible way to explore payment options and identify next steps based on their situation, the agency said.
The tool is part of the IRS’s broader effort to expand digital services and to help taxpayers meet their obligations.
The most recent figures from 2022 show that the so-called tax gap—the difference between the taxes legally owed to the government and the amount paid—reached nearly $700 billion, according to the IRS.
The agency expected to eventually collect…