Can’t pay the IRS what you owe? 4 ways to avoid major penalties
If you can’t pay your tax bill, consider these four strategies for reducing major penalties.
6 min read
Feb 27, 2025
Amy Hoak
EXPERTISE
- Personal finance
- Taxes
- Real estate
- Investing
Amy Hoak is Bankrate contributor and a freelance writer in the Chicago area. Her work has appeared in a variety of online publications, magazines, newspapers and wire services, including MarketWatch, The Wall Street Journal, Reuters and Rotary Magazine. She began writing about business and personal finance while working as a newspaper reporter more than 20 years ago, and enjoys covering stories that help people manage their money. Amy also works as a grant writer, specializing in helping nonprofits and artists obtain funding for their projects.