New IRS option if you owe them a lot of dough. | FinTips

[@saganhuxley]

I tried to “do the right thing” with the IRS and it’s opened a whole can of worms. Now they’re making my life exceedingly difficult. After successfully being on a payment plan and making all the payments on time, they just sent me a letter saying that plan is no longer an option because of an old unfiled tax return. I’m at my wits end and wish I had never even contacted them in the first place. I should have never filed.

[@Dirty17366]

Is this plan still in affect 2024?

[@brucesmith6868]

This is why to want a totally digital economy so they can track everything

[@acousticlucidity702]

Yup...they want every bit of what you work for....

[@dennishipsley8703]

Digital economy will screw us all

[@TaraEveland]

Ugh. I owe $13,000 wish you'd have shared more on that for me.

[@Alangiuroiu]

I just logged into the IRS site and it shows i owe 40K in 2014, i did even know that. I thought my cpa took care of that issue while ago, What should i do? i cant pay that..

[@eyeambrittney]

I got a notice for 14 grand yesterday, did you get anything resolved or figured out ?

[@IBRASWAY]

What’s the website???

[@joedeltoro9281]

Is this program still in place?

[@gr82bloved43]

Nope ! H&R block screwed up our taxes - even admitted it - we still owed 7500.00! No mercy as much as we begged ! We had to pull it out of my husbands retirement account so they wouldn’t add penalties and 10% late charges ! Don’t trust them !

[@acousticlucidity702]

I stopped using H&R block simply because of what they charge to file.

[@gr82bloved43]

@@acousticlucidity702 it’s good to stop using them all together anyway ... they aren’t worth it

[@LovenotHate130]

I hate the irs leave us alone

[@johncameron4194]

Same

[@slaltemus]

Should have given more insight on who and how you get help to work with the IRS. I got hit once with a huge bill and I tried several time to seek advice from the IRS to make it right and they absolutely confused more way more than anyone could have. They gave 4 forms and said use those but gave me no insight how. I paid up because I felt lost and then a few years later a CPA was doing my taxes and I related my story about the payout I had to do. They offered to check into it and I got lucky and got a lot of it back. I got Told by the IRS to pay x by a week or pay loads of penalties and interest if I don’t pay in a week. What made me angry was how can you pressure me with such a short timeline when it took you 2 years to file this claim against me. It is not obvious who to seek help from when the IRS is on your back and your told you got 7 days or you will owe more. In the end it was all about me filing the movement of retirement funds improperly but I was in the right and didn’t owe them but because I did not file the proper paperwork they didn’t care (I get it but man it was a hard pressure from them)

[@AmarisLW]

My parents just got a letter. I feel so bad for them. 18k from 2020. They say it's because unemployment wasn't filed. Some how the form didnt get filed when their taxes were prepared. It was only 3k then. They are just now sending a letter two years later. And the day after they received the letter was the day they needed to pay. It's crazy. Smh 😫

[@caxcan9438]

Screw these stimulus checks

[@blairbailey1692]

What if I took 14000$ in CREB and I am on ODSP is a 10 year pay back plane my best bet because I am stressing out alot.

[@guillermoflores8024]

Save it for a rainy day.

[@truckingwithtobee]

Sound is going in and out

[@robertanderson1248]

interesting

[@1Challino]

Something is missing here.

[@edgarantonio5728]

Let’s do Dustin bring him to show and we learn it like Trump 😂😂

[@edgarantonio5728]

Great info but nothing major bro I wish it more deep details at the end I still got confused