Don't Have the money to pay your taxes? You have options.
By Joseph Orabona, Your defense against the IRS
(Vector Tax & Accounting LLC)
If you don't have money to pay what you owe the IRS, you have a few options to work with. Whatever you do, don’t ignore the letters from the IRS and don’t let your back tax problem go unattended. The IRS has a great deal of power when it comes to recovering money, they think is theirs. When you owe the IRS money, they can garnish your wages, levy your bank accounts, put a lien on your home and seize other assets. Here's what you can do if you find yourself not being able to pay your taxes. Note, we always recommend getting in touch with a tax resolution professional to help avoid the harsh penalties and interest that accrued on your back taxes. It’s far easier to navigate towards tax resolution if you have a professional working on your behalf. If you’d like to schedule a no-cost c...
Comments
1