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  • Writer's pictureSean Sadeghi CPA, EA,

Delinquent Taxes Owed

Updated: Feb 1, 2023

If you owe delinquent taxes, the worst thing you can do is to hope the IRS or state will forget about you. Don’t ignore those nasty notices that come in the mail; doing so can only make matters worse. The longer you wait to make arrangements to pay back your debt, the more you will owe in interest and penalties.


TLC Tax Resolution can help you negotiate a payment plan or settlement with the IRS to get you current on your unpaid taxes. If you owe the IRS money, not only does the debt continue to grow due to interest or penalties, the IRS can also attach levies on your bank account, retirement account, and wages. In addition they can place liens on your property, which are public record and can affect your credit rating. Taking a proactive approach to resolve your unpaid tax debt, you will likely secure a more favorable outcome. Two of the primary approaches to resolution are:


Offer-In-Compromise (Negotiation of tax liability, paying less than you owe)Installment Agreement / Payment Plan (Paying what you owe, but over time)


Before you start the process of negotiating a payment plan or settlement call TLC Tax Resolution. TLC Tax Resolution will help you get any un-filed returns filed, assist you in choosing the payment or settlement option that is right for you, and work with you to negotiate with the IRS to resolve your unpaid tax debt.

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