Tag Archive for: back taxes
What If I Can’t Pay My Taxes? Five Ways To Manage Your Bill.
You have options for dealing with a tax bill you can’t pay. To minimize penalties and interest, you’ll need to take action before taxes are due. Pretending the problem doesn’t exist is far more expensive than dealing with it.
The IRS Is Resuming Debt Collections. Here’s What To Do If You Can’t Pay Your Taxes
As the IRS returns to normal operations, collection activities will resume as well. The agency is ramping up efforts to collect overdue taxes after many debt-collection activities were paused in order to provide relief to taxpayers during the COVID-19 crisis.