Does Owing the IRS Affect Your Credit?
Does owing the IRS affect your credit? Since the IRS is an agency of the federal government, there are procedures in place that protect your credit score from being tarnished just because you owe taxes.The amount of tax you owe is a significant factor in determining whether your credit score will be affected. Find out more about owing taxes and how it affects your credit with this tax tips video. Video provided by TurboTax.