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Tag: things to do if you can't pay for taxes

The IRS Is Not The Boogeyman. Here’s What To Do if You Still Can’t Pay Your Taxes

The IRS Is Not The Boogeyman. Here’s What To Do if You Still Can’t Pay Your Taxes

Entrepreneur & Lifestyle
Tax season can be a stressful time for many. With all the paperwork and numbers involved, it's easy to feel overwhelmed. And what happens if, after crunching all those numbers, you discover you owe more than you can pay? It's a situation that would fill anyone with dread. Often, when we think of the Internal Revenue Service (IRS), we imagine a powerful, unforgiving entity that we'd rather not cross paths with. But contrary to popular belief, the IRS is not the boogeyman. In fact, the IRS has programs in place to help taxpayers who are unable to pay their tax debt in full.  Here are five steps to take if you find yourself in this situation. Consider The IRS Tax Program First and foremost, consider enrolling in the IRS tax program. The IRS Fresh Start Program, for insta...