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GOBankingRates
GOBankingRates
Jordan Rosenfeld

What Happens If You Owe Taxes and Can’t Pay by the Deadline? Here Are Your Real Options

ljubaphoto / iStock.com

Owing taxes can feel immediately overwhelming, but tax professionals say it doesn’t have to be a reason to panic. So long as a taxpayer takes decisive action and communicates with the IRS, there are options.

Read More: 5 Tax Loopholes the Ultra-Wealthy Use That Most Americans Don’t Know About 

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