Money fix: If you can't pay your taxes

If you can't pay your taxes right away, there are several options. Most important, don't ignore the debt. Credit: iStock
The verdict is in: You owe Uncle Sam. The question is, how to pay the bill?
Above all, don't pretend the bill doesn't exist. The failure-to-pay penalty is generally half of 1 percent per month, with an upper limit of 25 percent.
Says Donnelley, "It's better to come clean than to hide."
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