What if you can’t pay your taxes?

taxes

So, you found out you aren’t getting a tax refund. Worse yet, you owe the government money. Whether you owe a lot or a little, owing the IRS seems scary. But it’s not the end of the world.

In an article by CNN Money, there are steps you can take to ease your pain.

“You must weigh lots of variables to figure out the best payment plan for you — and then hope the IRS agrees. Those variables include how much you owe, your capacity to pay, the time required under different plans to do so and how much financial information you must reveal to seal the deal.”

Click here for the full article.

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