There’s a reason tax season can feel stressful each year. Not only do you have to gather a ton of paperwork and information to file, but in some cases, life throws us a curveball, and suddenly we find ourselves facing an unexpected tax debt with the Internal Revenue Service (IRS).
If you aren’t prepared for that type of expense this tax season, it can cause some serious damage to your finances. And, if you don’t have a savings account that’s flush with cash, you could end up in serious trouble with an unpaid tax bill. Considering that the IRS takes tax payments very seriously, you probably want to avoid …
Read the full article at: https://www.cbsnews.com/news/how-to-settle-your-irs-tax-debt/