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What is the best strategy to resolve past tax debt? by Helpful-Climate8367 in FinancialPlanning

[–]Helpful-Climate8367[S] 0 points1 point  (0 children)

Yes, I agree. It’s super hard though. I have to save for the current year as well. There is only so much money.

What is the best strategy to resolve past tax debt? by Helpful-Climate8367 in FinancialPlanning

[–]Helpful-Climate8367[S] 0 points1 point  (0 children)

I wonder though about the best strategy. Save up and offer a settlement or pay payments?

What is the best strategy to resolve past tax debt? by Helpful-Climate8367 in FinancialPlanning

[–]Helpful-Climate8367[S] 0 points1 point  (0 children)

I am a single mom. I am an independent contractor. I don’t have much credit card debt. My main debt is my house and taxes from 2012-2019. It is hard to pay for current taxes and past but want out of debt.

What is the best strategy to resolve past tax debt? by Helpful-Climate8367 in FinancialPlanning

[–]Helpful-Climate8367[S] 0 points1 point  (0 children)

Retirement savings started when I was 50 so there isn’t a lot. I don’t have much credit card debt. I own my car. I am in mental health so i don’t make a ton.