Need Tax Debt Help?
If you recently got hit with a big tax bill you weren’t expecting, don’t panic— yet. I could tell you you’re not the first person who this has happened to and ended up needing tax debt help, but honestly, that probably won’t make you feel any better.
I’ll give you this instead: Take deep breaths, then take matters into your own hands. Realize the IRS can make mistakes, and take your returns to a professional tax preparer. Ideally you should take them to the person who prepared your taxes originally. If it turns out the IRS is right, you need to examine how you got into that situation so you can avoid it in the future, then you need to contact the IRS to see what your payment options are.
You will probably search Google for tax debt help and you may be tempted to hire a tax debt relief company, but many of those are expensive and not reputable. Your best bet would be to check with the IRS.
And let’s not forget, the IRS offers easy payment plans depending on how much you owe, you might be able to settle your tax debt with the IRS for less than you owe, and if you have tax debt that’s more than a few years old you might just be able to eliminate it completely in bankruptcy.