If You Owe the IRS and Cannot Pay — File Anyway
If you owe the IRS money and cannot pay it all by April 15, you still need to file. This is one of the most common misconceptions in tax season. People think if they cannot pay, they should not file. That is the worst decision you can make. The failure-to-file penalty is TEN TIMES higher than the failure-to-pay penalty. Filing on time — even without full payment — saves you significant money in penalties. Once you file, you have options: ✅ Installment agreement: Pay monthly over time ✅ Offer in Compromise: Settle for less than you owe (if you qualify) ✅ Currently Not Collectible: Temporary pause on collections if you are in financial hardship At JRICKSS Financial Services, Schnoldine Lynn Joseph, Tax Accountant and IRS Enrolled Agent, can file your return AND help you set up a payment arrangement with the IRS. John Clerge, Paralegal, Realtor, Insurance Agent, Notary Public, and Financial Restoration Specialist, can assist with documentation and financial restoration strategies. You have options. But only if you file first. 📞 (844) 200-8027 | (973) 392-2785 🌐 book.jrickssfinancialservices.com
