IRS = Money <Click here for the question> ?

Question

What is the risk of not paying the tax on time after you have made payment arrangements?

Answer 1

DON&quot;T

Pay up, make it a top priority

IRS never forgets and they can levy on your paycheck, bank accounts, home, assets. . . .

ALWAYS pay them, and if you&#039;re short, pay them something now, and rest soon

Answer 2

You become levy bait automatically.

Answer 3

Your payment plan goes into default.  The IRS will start enforced collection procedures such as wage and bank account seizures.  If you wish to re-start the payment plan, you&#039;ll have to pay the startup fees again.