Back Taxes Owed

You submitted your tax return but needed help paying the due amount. It's easy to think, "I'll handle it next year." Suddenly, you're behind by several years, and then comes a notice from the IRS claiming you owe three or four times the original amount.

It's astonishing how quickly tax penalty and interest accumulate. Now, you face a decision: you can either settle the total amount now—including the interest and penalty—or continue to ignore the growing debt as penalty and interest further increase.