What if I Can’t Pay My Tax Bill?

Larry Villano, Publisher of Loopholelewy.com

If you owe taxes but can’t pay, use the Online Payment Agreement tool. It can help you determine in a matter of minutes whether you qualify for an installment agreement with the IRS.

There is also an Offer in Compromise Pre-Qualifier tool for those whose tax obligations are more serious. This tool helps determine if you qualify for an agreement with the IRS to settle your tax liability for less than the full amount owed.