Just Filed Your Tax Return but Can’t Pay the Balance?
Just filed your tax return but can’t pay the full amount you owe? You’re not alone and knowing what to expect next is crucial.
If you don’t pay your full balance when you file, the IRS will send you a notice to begin the collection process. This notice will outline the amount due, along with daily compounding interest and monthly late payment penalties — which can add up quickly.
It’s always in your best interest to pay as much as you can, as soon as possible. In some cases, using a credit card or personal loan to cover the balance could actually cost you less than the accumulating IRS penalties and interest.
If paying in full isn’t an option right now, don’t ignore the notice. The IRS offers payment plans and other options — but the key is to act quickly.
Need help navigating your next steps? Let’s connect and explore your options together.
📅 Schedule a free consultation or case investigation:
www.assistancetaxrelief.com/appointments
📞 Phone: (720) 383-6160
📧 Email: adam@assistancetaxrelief.com
📠 Fax: (720) 484-8700