Can’t Pay Your Taxes? Explore These Alternatives to Manage Your Tax Liability

deepdive.

deepdive.
Can’t Pay Your Taxes? Explore These Alternatives to Manage Your Tax Liability
Mar 27, 2025 Season 1 Episode 75
CountingWorks PRO Marketing Team

Individuals have many options when they cannot pay their tax liability by the April due date, including setting up an IRS payment plan, making a payment by credit card, tapping a retirement plan, and borrowing money from a friend or relative. Each option has negative implications, and some have substantial fees, penalties and/or interest. What would you do if you had a tax liability and could not pay?