What to do if you can’t pay the taxes you owe

From Yahoo Finance: 2025-03-28 06:38:00

Tax professionals advise filing a tax return, even if you can’t pay, to avoid penalties and interest. Extensions and payment plans are options to manage tax debt. Volunteer assistance and free IRS programs help with filing and payment arrangements. The IRS can also provide relief for hardships through various programs. Communication is key to resolving tax issues.

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