Photo credit: jb

Often we find ourselves in situations that we never dreamed of – like owing the IRS a considerable amount of money. Maybe you earned a lot more than you expected, perhaps you had a filing status change that dramatically changed your tax rate, or maybe there was a change to your deductions. It doesn’t matter, you’ve found yourself in the situation – what should you expect?

While the majority of Americans get a tax refund from the Internal Revenue Service each year, there are many taxpayers who owe and some who can’t pay the tax all at once. The IRS has a number of ways for people to pay their tax bill.

The IRS has an effort to help struggling taxpayers get a fresh start with their tax liabilities. The goal of this effort is to help individuals and small businesses meet their tax obligations, without adding

Keep reading this article on Financial Ducks In A Row.