You have filed your returns but didn't have the money to paywhat was owed. You may think, "Oh well---I will catch up next year." Before youknow it you find yourself several years in arrears and suddenlythere is a notice from the IRS, stating that you owethree or four times the original amount.
It's truly amazing how fast tax penalties and interest add up. Nowyou have a choice, you can write a big fat check and pay the full amount,including interest and penalties. Or you can just keepignoring them while the penalties and interest keep pilingup.
Luckily, we offer several options when it comes to resolving unpaid taxes.
Category: Tax Problems
