{"id":462,"date":"2011-04-04T21:43:12","date_gmt":"2011-04-04T21:43:12","guid":{"rendered":"http:\/\/sherylschuff.com\/blog\/?p=462"},"modified":"2014-01-06T12:51:57","modified_gmt":"2014-01-06T17:51:57","slug":"cant-pay-your-taxes","status":"publish","type":"post","link":"https:\/\/sherylschuff.com\/blog\/taxes\/cant-pay-your-taxes\/","title":{"rendered":"Can&#8217;t Pay Your Taxes?"},"content":{"rendered":"<p><img data-opt-id=275928989  fetchpriority=\"high\" decoding=\"async\" src=\"http:\/\/SherylSchuff.com\/CantPayTaxes239X299.jpg\" alt=\"\" align=\"left\" \/>If you don&#8217;t have enough money to pay your entire tax bill, here are 5 helpful tips from the IRS<\/p>\n<ul>\n<li><strong><em>Pay as much as you can<\/em><\/strong> to minimize interest and penalties<\/li>\n<\/ul>\n<ul>\n<li>Get a <strong><em>loan<\/em><\/strong> or pay with a <strong><em>credit card<\/em> <\/strong>(fees are usually lower than what the IRS charges)<\/li>\n<\/ul>\n<ul>\n<li>You might be able to get a <strong><em>no-fee payment arrangement<\/em><\/strong> to extend the time you have to pay (up to four months). Call the IRS at 1-800-829-1040 if you&#8217;re able to pay in full within 120 days<\/li>\n<\/ul>\n<ul>\n<li>See if you qualify for an <a href=\"http:\/\/www.irs.gov\/pub\/irs-pdf\/f9465.pdf\" target=\"_blank\">installment agreement<\/a><\/li>\n<\/ul>\n<ul>\n<li>Respond to any IRS notices you receive<\/li>\n<p><strong>IMPORTANT<\/strong>: If you file an extension on Form 7004 (for business taxes) or Form 4868 (for individual taxes), it&#8217;s only an extension of the deadline for filing your tax return.  It does nothing to extend the time that your taxes are due. If you don&#8217;t pay your total bill or make alternative arrangements, the IRS will turn your case over to its collection department.<\/ul>\n<p>For more information, visit <a href=\"http:\/\/www.irs.gov\/taxtopics\/tc202.html\" target=\"_blank\">this page<\/a> on the IRS web site.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>If you don&#8217;t have enough money to pay your entire tax bill, here are 5 helpful tips from the IRS<\/p>\n<p> Pay as much as you can to minimize interest and penalties Get a loan or pay with a credit card (fees are usually lower than what the IRS charges) You might be able to get [&#8230;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","tve_updated_post":"","tve_custom_css":"","tve_user_custom_css":"","tve_globals":{},"tcb2_ready":0,"tcb_editor_enabled":0,"tve_landing_page":"","_tve_header":"","_tve_footer":""},"categories":[34],"tags":[269],"class_list":["post-462","post","type-post","status-publish","format-standard","hentry","category-taxes","tag-taxes","odd"],"_links":{"self":[{"href":"https:\/\/sherylschuff.com\/blog\/wp-json\/wp\/v2\/posts\/462","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sherylschuff.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sherylschuff.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sherylschuff.com\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/sherylschuff.com\/blog\/wp-json\/wp\/v2\/comments?post=462"}],"version-history":[{"count":15,"href":"https:\/\/sherylschuff.com\/blog\/wp-json\/wp\/v2\/posts\/462\/revisions"}],"predecessor-version":[{"id":1743,"href":"https:\/\/sherylschuff.com\/blog\/wp-json\/wp\/v2\/posts\/462\/revisions\/1743"}],"wp:attachment":[{"href":"https:\/\/sherylschuff.com\/blog\/wp-json\/wp\/v2\/media?parent=462"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sherylschuff.com\/blog\/wp-json\/wp\/v2\/categories?post=462"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sherylschuff.com\/blog\/wp-json\/wp\/v2\/tags?post=462"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}