Ways to Pay IRS Tax Debt

Last updated on August 6, 2021

Many times taxpayers think they can ignore or refuse to pay IRS tax debtwithout a reaction from the IRS. The truth is that the IRS takes aggressive collection actions such as lien and/or levy in cases of avoidance or non-payment of tax debt.

Taxpayers are required to pay their IRS debt when they receive notices from the IRS regarding the payment of taxes. Before placing a lien or a levy, the IRS sends many notices to taxpayers regarding their tax debt. If it only after taxpayers ignore those notices that the IRS initiates aggressive collection action.

To pay their back taxes, taxpayers must choose from the various IRS tax debt payment programs such as Installment Agreement, Currently Not Collectible, Offer in Compromise and Partial Payment Installment Agreement. When taxpayers cannot pay the entire IRS debt amount in a single payment, they choose an IRS debt payment program to pay their tax debt.

Taxpayers can negotiate with the IRS regarding the particulars of the payment of tax debt. Because every tax debt case is different, the IRS considers the unique circumstances of a taxpayer before finalizing an agreement.

For successful resolution of a tax debt problem, most taxpayers take outside help because it helps them to achieve faster and more advantageous resolution. Taxpayers must research well before choosing an IRS tax debt payment program. Tax help ensures that taxpayers get the most benefit from a payment program in terms of saving of money and time.