Ask Question
6 February, 01:59

Austin is not able to pay the entire balance due by the due date of the return (without extensions). what are his options?

+2
Answers (1)
  1. 6 February, 02:29
    0
    Austin can get a loan with or without collateral for the amount due. He can also arrange payments with the IRS if he can demonstrate that he qualifies. Austin can also negotiate for some or all of the balance to be written off if an extreme hardship can be demonstrated. Austin can also just wait until he has sufficient funds but will continue to accrue penalties and interest on the amount due.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Austin is not able to pay the entire balance due by the due date of the return (without extensions). what are his options? ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers