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Question about taxes (I"ll ask my accountant as well)

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lipglossjunky73
My Everything!

Member since 11/05

35670 total posts

Name:
<3

Question about taxes (I"ll ask my accountant as well)

Long story - we just found out we owe about another 1500 in taxes.

We don't have all of that - is it legal to pay in increments, like some type of payment plan?

Posted 10/29/08 8:52 PM
 
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jax1023
LIF Adult

Member since 3/07

1165 total posts

Name:
Jackie

Re: Question about taxes (I"ll ask my accountant as well)

Yes, the IRS will work out a payment plan with you. They would rather get your money slowly than not at all.

Posted 10/29/08 8:54 PM
 

Beth
The Key to your new home....

Member since 2/06

24849 total posts

Name:
Beth

Re: Question about taxes (I"ll ask my accountant as well)

I sent up a payment plan when I found out I owed back taxes

it was no big deal

make sure you get the letter saying you paid it when you are done

you need to send that to the credit agencies your self

Posted 10/29/08 8:54 PM
 

lipglossjunky73
My Everything!

Member since 11/05

35670 total posts

Name:
<3

Re: Question about taxes (I"ll ask my accountant as well)

Posted by Beth1210

I sent up a payment plan when I found out I owed back taxes

it was no big deal

make sure you get the letter saying you paid it when you are done

you need to send that to the credit agencies your self



At this point, I think every credit agency knows us by our 1st names. Chat Icon

thanks ladies - I feel better!

How do I set up this payment plan? Via my accountant? Or just a nice letter saying, "Hi, we are poor as sh!t, can you give us a break?" Chat Icon

Posted 10/29/08 8:55 PM
 

Beth
The Key to your new home....

Member since 2/06

24849 total posts

Name:
Beth

Re: Question about taxes (I"ll ask my accountant as well)

I think you can call the IRS directly

Posted 10/29/08 8:56 PM
 

lipglossjunky73
My Everything!

Member since 11/05

35670 total posts

Name:
<3

Re: Question about taxes (I"ll ask my accountant as well)

Posted by Beth1210

I think you can call the IRS directly



Great! Thank you!!!!! Chat Icon Chat Icon Chat Icon Chat Icon Chat Icon Chat Icon

Posted 10/29/08 8:57 PM
 
 

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