So, You Owe the IRS? ??????

Last year at tax time, 44 million people got bad news from the IRS: Instead of getting a refund, they owed the agency hundreds, thousands, or tens of thousands of dollars in taxes.?

We don’t know yet just how many people owe the IRS this year, but I’m sure that number is in the millions. If you’re one of the people who got bad news, you’re not alone.?

That said, you probably still feel scared and confused right now. Back when I worked at the IRS, it felt like every taxpayer I talked to was terrified. It’s okay to be scared, and it’s okay if you don’t know what to do — but it’s NOT okay to do nothing.?

If you don’t take action, the feeling in the pit of your stomach won’t go away. It will actually get worse because the IRS’s automated collection process will kick in and put more pressure on you, your business, and your family.?

There is a bit of good news. The IRS has streamlined its collections unit more and more over the last few years. Today, taxpayers have better options for resolving their tax liabilities than they did when I was at the IRS years ago. I’ve kept up with those changes so that I can help people like you resolve their back taxes as quickly as possible in whichever way works best for them.

If you can’t make a full payment with your tax return, that’s not nearly as big of an issue as it used to be, but you still need to face the problem head-on. If you don’t, the IRS’s collection process could escalate to enforcement action. They could levy your income, tap your bank accounts, or even go after your home — all terrifying options.?

Think about it this way: Being proactive with your tax problem is like scheduling checkups with your doctor and dentist. It’s a little bit of work and investment now to prevent a painful and expensive disaster later.

Fortunately, the IRS runs on procedures — it’s as predictable as the sun rising in the east and setting in the west. This makes taking proactive action fairly easy. Once you know those procedures like I do, you can help steer your case to a favorable resolution. That looks different for everyone, but you have plenty of options, including securing an extension to pay in full, paying your debt over time through a payment plan, taking steps to reduce or remove penalties and interest, getting a hardship approval, receiving a tax settlement, and more.

Since the IRS is overwhelmed with case work these days, they actually want taxpayers (you!) to help them close out their back tax cases. That means resolving an IRS back tax problem right now is easier than you may think. Discover five ways to pay less to the IRS today at LandmarkTaxGroup.com/Book