Wondering if I am the only one whose debt includes tax issues.
Mothering › Forums › Natural Family Living › The Mindful Home › Frugality & Finances › Tax troubles anyone?
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Tax troubles anyone?
post #2 of 7
11/3/10 at 8:36am
- SunRise
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My sister does, in Canada. The interest rate is horrible - its doubled the debt. After 6 years or so, the gov has put a lien on her house. So her house is now up for sale and she hopes she gets enough to pay off the outstanding debt.
I hope you resolve it soon, or at least speak with them to make a satisfactory payment arrangement. I believe that if you keep open communication with them they are more willing to work with you. Good luck.
I hope you resolve it soon, or at least speak with them to make a satisfactory payment arrangement. I believe that if you keep open communication with them they are more willing to work with you. Good luck.
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11/3/10 at 10:37am
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post #4 of 7
11/3/10 at 10:48am
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Yes, I discovered the hard way that ignoring/putting off the IRS is... NOT a good idea!! That old saying about death and taxes really is true. The longer it is the worse it gets. The tax agency really will work with you, as long as you pay something, even a little, regularly they are okay with it. At least that was my experience.
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11/3/10 at 11:17am
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post #6 of 7
11/3/10 at 7:34pm
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