Earned Income Tax Credit | Getting an IRS Tax Debt – Know the Consequences

Getting an IRS Tax Debt – Know the Consequences

So you filed this year and found out that you owed the IRS money. For one reason or another you couldn't pay it, so you tried to ignore it. A few weeks go by and you get a certified letter. This is the beginning of a nightmare. The IRS will send you an initial letter that states you owe them a certain amount and that you must pay it within 30 days. If you continue to ignore the problem, you'll get another letter.

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