10. Declare bankruptcy
When it comes to this, Uncle Sam is pretty tough. Those who declare bankruptcy are taxpayers who were unable to pay their taxes because they simply couldn’t afford to do so. According to the IRS, those who declare bankruptcy are people who typically didn’t file for more than three years in a row and spent all the money on mortgages and other expenses just to stay above water.
Yet, bankruptcy is not magic… Yes, it could help you be pardoned from tax debt, but as soon as it turns into a tax lien, it can’t be erased. This means that the IRS will still want to collect what you owe, even after going bankrupt.
