What happens if you owe the IRS more than $25,000?
If you owe the IRS more than $25,000, the agency can use a few aggressive tactics to collect the tax debt. Getty Images/iStockphoto The realization that you owe the Internal Revenue Service (IRS) a substantial amount of money can feel like a major crisis. A tax debt exceeding $25,000 isn’t just a bill, after all … Read more