Re: Serious tax problem.. Need advice.
Disclaimer: I am not an expert.
The IRS does not want to put you in prison. They want to make sure that they get their share of your earnings. They can help you pay in installments, or come to some sort of compromise. However, you need to take action. If you ignore their communication you will be in bad shape. They are able to freeze your bank accounts, seize your assets, etc. I recommend hiring a professional (Tax Attorney, CPA, Enrolled Agent) as soon as possible, before things get even worse. Good luck
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