what happens to a person who owes $115,000 to the IRS and can't apy it?

Related Answers

Explore the latest questions and answers related to "what happens to a person who owes $115,000 to the IRS and can't apy it?"

Answered: How long will it take to pay off 7,000 in debt paying 100.00 a month to

It would take 70 months (or just under 6 years), but the IRS adds interest and penalties so it actually takes 400 years.

Answered: Will filing for bankruptcy clear any personal debt owed?

You would be better off going to the Library and looking up all the how to's, what not to do, and what it will cost you before you make up your mind this is the way you want to go with your debts. The Librarian will be glad to help you with the books, they are free to examine, and you can make ...

Answered: 7 people will get one third each of $70,000. How much will each person

If there is an inheritance of $70,000.00 and 7 heirs, then each gets $1,000.00 and the attorney deducts $9,000.00 each for his services.

Answered: I owe back taxes and child support which one gets paid first? Thanks

Do it step by step starting with the child support. Government could wait but your child basically needs food and shelter.
Liked this question? Tell your friends about it

More Questions

$1,000 Gift Card

I can give you this answer for free. As soon as you send me $59.99 for S/H, I will have the answer in the mail to you.

A fishing boat is purchased for $6,000 and ...

It's been four hours and you haven't received a thank you, PG. There are some ungrateful people out there. Or maybe she's a person of faith. She has gone to a friend's to play video games and will return home and go to sleep. She will wake up in the morning, log on, and expect here homework to be ...

What is the best way to reduce an IRS debt? I have ...

You really need to consult a competent and experienced tax attorney to help you with your particular situation. IRS Debt Tax Attorney Charles Rosselli can help you learn your options. Check out his site where you can sign up for a free consultation: www.taxattorney-ny.com/IRS-Tax-Problem-Help ...

Can IRS be sued?

Certainly there is no record ... none I have heard of and I do know something about it ... of IRS forging tax returns. Therefore, if it were done, I am pretty certain it would not have been an "institutional" thing (a plan in IRS or a practice in IRS) ... so it would have had to have been ...