Tax season is over—and if you’ve found yourself staring at a tax bill you can’t pay, take a deep breath. You’re not alone, and the IRS actually has options to help you resolve the situation without panic, fear, or giving up your financial future.
At Polaris Tax & Accounting, we’ve helped countless individuals and business owners in Plantation, Fort Lauderdale, and across Florida get control of their tax debt. Whether you owe $2,000 or $200,000, it’s not just about owing—it’s about knowing what to do next.
What If I Can’t Pay My Tax Bill?
The IRS knows that not everyone can pay their full tax liability by April 15. That’s why they offer structured solutions—if you know how to access them. Here are the most common IRS relief tools available:
- Short-Term Payment Plans (up to 180 days) If you owe less than $100,000, you may qualify for a short-term IRS agreement that gives you up to 180 days to pay the balance in full—no full application, no lien, and no garnishment threats.
- Long-Term Payment Plans (Installment Agreements) For balances under $50,000, the IRS offers monthly payment plans that can stretch up to 10 years. These plans can be automated with direct debit and reduce your risk of default.
If your debt exceeds $50,000 or if you’re self-employed, we can prepare the required Form 433-A/OIC to demonstrate hardship and negotiate favorable terms.
Learn more about how we help here:
https://polaristaxandaccounting.com/services/irs-tax-problems
- Offer in Compromise (OIC) In certain cases, the IRS will settle for less than the full amount owed. It’s called an Offer in Compromise, and it can be life-changing.
While the IRS claims to offer this to everyone, the truth is most applications are denied—especially if you don’t submit it with precision.
That’s where we come in. At Polaris, we:
- Complete a full financial analysis to assess eligibility
- Help you avoid triggering red flags
- Work directly with the IRS to submit a compelling case
Use the IRS OIC Pre-Qualifier Tool: https://irs.treasury.gov/oic_pre_qualifier/
But don’t file alone—talk to us first before sending it in.
- Currently Not Collectible (CNC) Status If your financial situation is truly dire, you may qualify for a temporary pause on all collections. While interest still accrues, the IRS will stop garnishments, levies, and threatening letters.
Read our full blog on IRS Help in Plantation, FL to understand how we defend clients and secure relief: https://polaristaxandaccounting.com/irs-help-plantation-fl
Penalty Relief and IRS Notices
In many cases, penalties and interest can double your original tax bill. But the IRS does offer relief if you qualify under the First-Time Penalty Abatement (FTA) or Reasonable Cause standards.
The Polaris Difference vs Other Tax Firms
Many seasonal or pop-up firms promise IRS help—but few follow through. Just look at our recent blog where we helped a foreign-owned U.S. corporation erase a $25,000 IRS penalty after another local firm failed to act: https://polaristaxandaccounting.com/irs-penalty-foreign-owned-corporation
When it comes to resolving IRS issues, you need:
- Representation that speaks the IRS’s language
- Deep knowledge of tax law—not just preparation
- A partner who advocates for you until resolution
Local Help You Can Trust
Polaris Tax & Accounting is proudly based in Plantation, Florida, serving clients in:
- Plantation
- Fort Lauderdale
- Davie
- Sunrise
- Weston
We’re a proactive, year-round firm—not a seasonal shop that disappears after April.
If you’re struggling to pay your tax bill, or simply want a second opinion, book a consultation. We’ll walk you through every option available and help you make the smartest next move.