Working with the IRS can Help You Owe Less

If you're unable to pay your full tax bill, don't panic. Calling the IRS to work out a payment plan is your best option, says CNBC personal finance expert Carmen Wong Ulrich. You may find that the agency is surprisingly willing to waive some of the penalties and fees and to work with you to arrange payments that you can afford.




 Find more information on coping with the economy with our Bail Yourself Out resources.

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