Ryan VaughnCOO of Incite Tax & Accounting. Ask me anything about your taxes.

You owe the IRS money...now what?

15 Apr 2026 · 1 min

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In this concise monologue, the presenter addresses viewers who have received an unexpectedly large tax bill. He outlines three practical steps to manage the debt: first, set aside 20‑30% of monthly profit into a dedicated tax‑savings account; second, make an immediate partial payment and enroll in an IRS installment payment plan for the remaining balance; third, directly request leniency or assistance from the IRS to pause collection actions and gain breathing room. The video ends with a call‑to‑action encouraging viewers to follow for more tax‑saving strategies.

Chapters

Okay, you filed your taxes and now your tax bill is huge, way bigger than you planned. Let's talk about how to fix it. First, you're gonna put away 20 to 30% of your profit each month into a savings account specifically for your tax bill at the end of the year. Number 2, you're gonna pay what you can now, and then you're gonna enroll in an IRS payment plan to cover the rest of the cost. Number 3, you're just gonna simply ask. Ask them for some leniency. Ask them for some help. It'll put everything on hold and give you some breathing room. Follow for more strategies and tax tips like these.