You know that you owe the IRS money and, according to the notice that you recently received, so too does the IRS. Your first instinct may be to delay payment of your outstanding tax debt. You might think that you can stall the IRS. Maybe you can acknowledge the notice and pay off a nominal amount every month without committing to a specific schedule.
Don’t Do It. Settle Your IRS Tax Debt ASAP
If you fail to settle your tax debt then your tax problems may get worse. Specifically, it is important to settle your tax debt quickly and avoid your tax problems from escalating because:
- You may end up paying more in penalties and interest if you delay.
- Currently, the IRS is accepting a fair amount of offers in compromise and other tax settlements. However, that could change at any time if there is a change in IRS leadership or a change in government policy or procedure.
- It may give you peace of mind. You don’t have to live waiting for the other shoe to drop and the IRS to come after you financially or criminally.
You will not solve your tax problems by wishing them away. Instead, it is important to communicate with the IRS and reach a legally binding solution to your tax issues.
Call a Norman IRS Tax Lawyer For Help
You don’t have to negotiate with the IRS on your own. Instead, we encourage you to contact an experienced Norman tax attorney today at 800-721-7054 to schedule an initial consultation. You can also learn more about your rights by downloading a FREE copy of our book, The Ultimate Survival Guide for IRS Problems.