IRS Tax Debt – What Happens If I Can Pay the Full Amount?
Protect your Things: Your house, vehicles, and even your bank account are forever in the sights of the IRS Collections Division. The best thing you can do is never give them a reason to “pull the trigger.” The people in the worst spots of IRS tax debt are the ones who roll over and take hit after hit, refusing to do anything about their debt. These people are eventually battered until they have nothing left to give; don’t let that be you. Pick Something! The IRS offers payment plans in order to get full payment on your tax debt. If you can’t pay the full amount due, it may be a good idea to get into and Installment Agreement so that you can make payment on the debt. But keep in mind that the IRS will want to know your current financial status. Basically, they’re going to call you and find out all of your information: where you work, where you bank, where you live, etc. The Installment Agreement is a great way for an IRS-Hitman to get you over a barrel. No Room for Error: Once you get y
