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Tax Collections and Debt

The Internal Revenue Service (IRS) employs a number of methods to help the agency collect payment from taxpayers, ranging from friendly reminders and offers of installment plans to wage garnishment and repossession of high-dollar goods. Whatever the reason, it is always in your best interests to contact the IRS if you are unable to pay your tax bill in full. This section includes an overview of the IRS collection process, information about interest charges for late payment, a reference guide on tax penalties, a FAQ section on wage garnishment, and more.

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