Tag Archives: Owe the IRS

Why It’s Important to Stop the Bleeding When You Owe the IRS — And What You Can Do

IRS issues have a way of snowballing, with seemingly minor problems quickly spiraling out of control if they’re not tackled right away. But while many taxpayers see their IRS issues blow up seemingly overnight, others experience a slower buildup involving an increasing level of stress and financial damage as time goes on. This slow onset […]

How Much Do You Owe the IRS? Here’s How to Check

You’re convinced that you’re behind on your taxes, but not sure what you owe. While any back taxes should be cause for concern, the urgency of the matter can vary drastically based on how much you owe. Thankfully, this doesn’t have to be a mystery; the IRS provides plenty of opportunities to determine what you […]

7 Common Mistakes People Make When They Owe The IRS

If you receive a tax bill for $10,000 or more, and you owe the IRS, you might be shocked and frozen: what steps should you take? In your frustration, you can easily make disturbingly common mistakes that could even cost you more down the road. Read on for these common errors and how you can […]