The Top Mistakes People Make When Facing IRS Debt—and How Tax Debt Assistance Can Help

 

Owing money to the IRS is one of the most stressful financial situations you can face. Whether your tax debt came from missed filings, underreporting income, or simply not being able to pay, the consequences can escalate quickly. For residents of Panama City Beach, FL, knowing how to handle tax issues properly—and when to seek tax debt assistance—can make all the difference. 

At Lewis & Jurnovoy, we’ve helped hundreds of individuals get a handle on their IRS debt and avoid making common, costly mistakes. Here’s what to avoid—and how a professional can help you turn the situation around. 

Mistake #1: Ignoring IRS Notices 

The IRS doesn’t forget, and the longer you wait to respond to a notice, the worse your situation gets. Many people think that ignoring letters or hoping the problem will go away is harmless, but it can lead to serious consequences like liens, levies, and wage garnishment. 

How Tax Debt Assistance Helps: 

A qualified legal team can immediately intervene with the IRS, stop collection activity, and begin negotiating payment options before enforcement kicks in. 

Mistake #2: Paying With a Credit Card or Borrowing From the Wrong Sources 

When panic sets in, some people try to pay off their tax debt with high-interest credit cards or risky loans, only to fall deeper into financial distress. This can backfire, especially if you're already juggling a mortgage or other large debts. 

How Tax Debt Assistance Helps: 

Instead of trading one debt for another, a tax relief attorney can evaluate IRS programs such as Installment Agreements, Offer in Compromise, or Currently Not Collectible status—often with more favorable terms than private loans. 

Mistake #3: Filing Late or Not at All 

If you’re behind on filing your returns, it might feel safer to avoid the situation altogether—but filing late adds penalties on top of your balance. Worse, not filing at all can trigger criminal charges in extreme cases. 

How Tax Debt Assistance Helps: 

Legal professionals can help you gather documents, prepare back tax returns, and work with the IRS to get compliant while minimizing penalties and interest. 

Mistake #4: Trying to Handle the IRS Alone 

Many people assume they can manage the IRS themselves. But tax laws are complex, and negotiating without understanding your rights or options can lead to agreeing to terms you can’t realistically meet. 

How Tax Debt Assistance Helps: 

A tax attorney brings experience, insight, and proven negotiation strategies to your case. At Lewis & Jurnovoy, we serve as your legal advocate, ensuring your rights are protected every step of the way. 

Mistake #5: Ignoring the Impact on Your Home or Mortgage 

When tax debt and mortgage issues collide, homeowners are placed in a particularly vulnerable position. A tax lien can prevent refinancing, and unpaid tax debt can exacerbate existing mortgage problems. 

How Our Team Helps: 

We don't just offer tax help—we also have experienced mortgage modification lawyers on staff. If you're at risk of foreclosure or need to modify your loan, we can coordinate a legal solution that protects both your home and your financial future. 

Don’t Wait—Take Control With the Right Legal Help 

Tax problems are stressful, but you don’t have to face them alone. At Lewis & Jurnovoy, we specialize in helping Panama City Beach residents resolve IRS debt, protect their assets, and regain financial peace of mind. Whether you’re dealing with wage garnishments, IRS threats, or mortgage stress, our combined expertise in tax debt assistance and mortgage modification law ensures that you’re covered on all fronts. 

Lewis and Jurnovoy is a local law office serving the Florida Panhandle. We specialize in bankruptcy law, including Chapter 7 and Chapter 13 bankruptcy. We will work to achieve the best financial remedy for your outstanding debts.   

Lewis & Jurnovoy, P.A.   
2714 West 15th St   
Panama City, FL 32401   
(850) 913-9110   
https://www.LewisandJurnovoy.com