Deco Proteste warns that the IRS reduction announced by the Government may lead to tax debt when filing your declaration
The recent reduction in IRS tax withholding does not mean lower total taxes, only that less is paid in advance; the final tax liability will be settled next year. For taxpayers currently paying off last year's IRS in installments, the deadline to request a payment plan ends on Tuesday, September 15, 2026. If choosing an installment plan, be aware that late interest is 7.221% in 2026 and missing a single payment can lead to immediate total debt acceleration and tax enforcement proceedings.

