What Are Your Options If You Can’t Pay the IRS?

What Are Your Options If You Can’t Pay the IRS?
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Anne Johnson
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In this economy, tight budgets may make it challenging to pay income taxes. This is true especially if you owe thousands of dollars.

But what do you do if you can’t pay those taxes? Don’t go into a panic; you do have some options.

File Regardless of Taxes Owed

It can be alarming to realize there isn’t enough money to pay income taxes. The first thought most people have is to avoid filing. It seems like hiding from the Internal Revenue Service (IRS) is better than dealing with them.
Anne Johnson
Anne Johnson
Author
Anne Johnson was a commercial property & casualty insurance agent for nine years. She was also licensed in health and life insurance. Anne went on to own an advertising agency where she worked with businesses. She has been writing about personal finance for ten years.
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