Archive for August 2022

The IRS “What Ifs” for Struggling Taxpayers – Tax Related (C-5) What if a levy on my wages is causing a hardship? Contact the IRS at the telephone number on the levy or correspondence immediately andexplain your financial situation. Service is available from 8 a.m. to 8 p.m. local time,Monday through Friday. If the levy…

The IRS “What Ifs” for Struggling Taxpayers – Tax Related (C-4) What if there is a federal tax lien on my home? If there is a federal tax lien on your home, you must satisfy the lien before you can sell orrefinance your home. There are a number of options to satisfy the tax lien.…

The IRS “What Ifs” for Struggling Taxpayers – Tax Related (C-3) What if I can’t pay my installment agreement? You have several options available if your ability to pay has changed and you are unableto make payments on your installment agreement or your offer in compromise agreementwith the IRS. Call the IRS immediately at  800-829-1040…

The IRS “What Ifs” for Struggling Taxpayers – Tax Related (C-2) What if I have requested an installment agreement? When you request an installment agreement (IA) through the  Online PaymentArrangement (OPA) page , you will receive an immediate response notifying you whetheryour request is approved, or you don’t qualify through OPA. If you don’t qualify…

The IRS “What Ifs” for Struggling Taxpayers – Tax Related (C-1) What if I can’t pay my taxes? Don’t panic – you may qualify for a self-service,  online payment plan  (including aninstallment agreement) that allows you to pay off an outstanding balance over time. Onceyour online application is complete, you’ll receive immediate notification of whether yourpayment…