How IRS tax payment plans work – Everything you need to know from a CPA

Surprisingly, it’s not illegal to leave your tax bill unpaid in full, and in many cases, it’s not even a problem. The IRS actually offers the option to set up a payment plan for any outstanding tax debt.

Being hit with a hefty tax bill can be stressful, especially if you’re unfamiliar with the options available. While the IRS always prefers that you pay your taxes on time, it offers solutions for repaying taxes.

If you are a crypto trader, this is excellent news! By having an installment agreement or a payment plan with the IRS, you can sell less crypto over time just to meet those monthly installment amounts.

📖 Learn more about IRS Installment Plans: https://gordonlaw.com/learn/irs-insta...

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