After an audit, you may discover you owe back taxes, penalties and interest. If the amount seems impossible to pay, consider tax resolution options, such as an installment agreement from the IRS, that can help you pay off the debt over time.
An installment agreement or payment plan allows you to pay back taxes in monthly installments. Another option might be an application for non-collectible tax status. This application declares that debts are not collectible and stops the IRS from using aggressive tactics like garnishing wages or practicing tax liens. Finally, you may be able to propose an offer in compromise, which lets you settle tax debt for an amount less than what you owe.