Money Matters Help :(

[explorer2001]

Join the financial challenge

Honestly, I'd pay the taxes and establish a small ecumenical with the rest of the $3,000. You don't want to know what all I've seen the IRS do to get their money.
-signed the CPA

[wingingitinmotown]

Aug 31, 2012 10:25:50 GMT -5 explorer2001 said:

Join the financial challenge

Honestly, I'd pay the taxes and establish a small ecumenical with the rest of the $3,000. You don't want to know what all I've seen the IRS do to get their money.
-signed the CPA

This. The IRS scares me.

[explorer2001]

Ha ha wow! Autocorrect failure. That was supposed to be emergency fund.

[naeljun]

I would take the surplus and pay off the taxes.

[explorer2001]

Student loans can be deferred. Credit card can be negotiated or dismissed in bankruptcy. The IRS is the government. They can and sol garnish wages, use any refund you might otherwise get to pay back taxes that you owe, seize assets, etc. Of course if you stay within the payment plan you might be ok. They aren't evil and they will work with you to a point, but its not a monkey I'd want on my back.