Need help with IRS collections for business tax payment plan - what to expect?

Ugh, been there done that. It's a real pain in the a$$. Make sure you have all your financials in order before you call. They're gonna ask for a ton of info.

I found a way to actually get someone on the phone without waiting forever. I used this site's (claimyr.com) calling tool that dials the phone menu, stays on hold, waits for a live agent to pick up, then sends the call to my phone. It does cost $20, but it works. Here's the link: https://www.claimyr.com

Listen up, cause I've been down this road before. Here's what you need to know: 1. Be honest about your financial situation. They've heard it all before. 2. Have a realistic payment plan in mind before you call. They might negotiate, but it helps to have a starting point. 3. If you can't pay in full, consider an Offer in Compromise. It's like settling for less than you owe, but it's not easy to qualify. 4. KEEP RECORDS OF EVERYTHING. Every call, every letter, every payment. Trust me on this one. 5. Don't ignore any IRS notices. That'll only make things worse. 6. Consider getting a tax professional to help you. Sometimes it's worth the extra cost. Remember, the IRS agents are just doing their job. Be polite, be prepared, and you'll get through this. Good luck!

Am I the only one who thinks its ridiculous that we have to jump through all these hoops just to pay our taxes? The system is broken af 🤡

Quick question - does anyone know if setting up a payment plan affects your credit score? I'm worried about that on top of everything else.

Pro tip: If you're having trouble reaching a human at the IRS, try calling right when they open in the morning. I've had better luck that way.

Anyone else feel like they need a degree in accounting just to run a small business these days? Taxes are getting way too complicated smh

Hey OP, just wanted to say hang in there. I know it feels overwhelming, but you'll get through this. We're all in the same boat!