#454 What to Do if You Can't Pay Your Taxes by October 16th
In this episode of the Main Street Business podcast, hosts Mark J Kohler and Mat Sorensen provide a comprehensive guide on how to deal with the Internal Revenue Service (IRS) when you owe them money! Understanding the importance of communicating with the IRS and making a plan to address tax debt.Resolving tax debt options, such as short-term and long-term payment arrangements.The process and potential benefits of negotiating a deal with the IRS through an Offer and Compromise.Examining the im...