The IRS Won't Wait: How to Stop Collections with a Payment PlanSocial (How Much You Owe Changes Everything)

Ignoring an IRS notice doesn't make the debt disappear; it makes the penalties grow and triggers collections. The single most effective way to stop the IRS from garnishing your wages or freezing your bank account is an Installment Agreement.

But not all plans are created equal. Depending on whether you owe $10,000, $50,000, or $250,000, the requirements range from "simple phone call" to "complex financial disclosure."

👉 Hope is not a strategy when the IRS is involved. Knowledge is. Learn which plan is your key to getting back in control.

#StopIRSCollections #TaxDebtSolution #WageGarnishment #FinancialFreedom #CPATaxHelp


If you’re struggling with IRS tax debt, you don’t have to face it alone. I help individuals and business owners stop collections, reduce tax debt, and find real solutions that fit their situation.

📌 Book your FREE consultation today and see your options: https://ghl.dgriggscpa.com/free-consultation

👉 Don’t forget to like this video, subscribe to the channel, and hit the bell so you never miss tips on protecting yourself from the IRS.

IRS Installment Agreements: How to Stop Collections Based on What You Owe

Hoping your IRS debt will vanish on its own is a natural feeling, but it’s not a strategy and ignoring it invites levies, garnishments, and liens. 💡⚠️

So many people assume they’re trapped, but the IRS offers payment plans (installment agreements) to stop collections and break down debt into manageable payments. The catch? The rules change based on how much you owe:
$10K: Guaranteed approval, no financials needed.
$10K-$50K: Streamlined plans, up to 72 months.
$50K: Requires full financial disclosure (Form 433-F).
$250K: Complex negotiations, often requiring professional help.

One client avoided a levy by making a small payment to drop from $51K to $49K, qualifying for a streamlined plan without intrusive paperwork. 👉 Strategic action saved them time, stress, and money.

Here’s how to get started:
🔸 File all past-due returns – Compliance is non-negotiable.
🔸 Know your balance thresholds – A few dollars can change everything.
🔸 Avoid default – Miss one payment, and the IRS restarts collections.
🔸 Get expert guidance – We navigate the rules so you don’t face them alone.

Hope isn’t a strategy—preparation is. DM me to find the right plan for your debt.

#IRS #InstallmentAgreement #TaxDebt #StopCollections #PaymentPlan #WeCanHelpIf

you’re struggling with IRS tax debt, you don’t have to face it alone. I help individuals and business owners stop collections, reduce tax debt, and find real solutions that fit their situation.

📌 Book your FREE consultation today and see your options: https://ghl.dgriggscpa.com/free-consultation

👉 Don’t forget to like this video, subscribe to the channel, and hit the bell so you never miss tips on protecting yourself from the IRS.

Can Bankruptcy Erase IRS Tax Debt? (The 3-2-240 Rule Explained)

Hoping bankruptcy will wipe out your IRS debt is a natural feeling, but it’s not a strategy—and it only works if your debt meets the strict 3-2-240 rule. 💡⚖️

So many people assume bankruptcy is a magic wand for tax problems, hoping for a clean slate. But the IRS follows rigid rules:
🔸 3 Years: The tax must have been due at least 3 years before filing.
🔸 2 Years: You must have filed the return at least 2 years before filing.
🔸 240 Days: The IRS must have assessed the tax at least 240 days before filing.

One client learned this too late—his bankruptcy didn’t discharge $40,000 in newer debt because it violated the 2-year rule. 👉 We helped him combine bankruptcy for older debts with an installment agreement for the rest, saving his financial future.

If you’re considering bankruptcy:
🔸 Don’t guess – Verify if your debt qualifies under 3-2-240.
🔸 Explore alternatives – Offers in Compromise, installment agreements, or Currently Not Collectible status might work better.
🔸 Get professional guidance – We collaborate with bankruptcy attorneys to build a holistic strategy.

Hope isn’t a strategy—knowledge is. DM me to see if bankruptcy is your right move.

#Bankruptcy #TaxDebt #IRS #3-2-240Rule #FreshStart #TaxHelpIf you’re struggling with IRS tax debt, you don’t have to face it alone. I help individuals and business owners stop collections, reduce tax debt, and find real solutions that fit their situation.

📌 Book your FREE consultation today and see your options: https://ghl.dgriggscpa.com/free-consu...

👉 Don’t forget to like this video, subscribe to the channel, and hit the bell so you never miss tips on protecting yourself from the IRS.