It is not unusual for clients to find themselves indebted to two masters – the IRS (tax debt) and credit card companies. Both want a piece of the pie, but there is not enough to go around. The choice between paying credit card debt and taxes isn’t as simple as calculating money saved on interest. Failing to pay taxes has massive repercussions – just ask Martha Stewart.So who do you pay first? How do you make both go away?

Here’s the short answer: You don’t want to owe the IRS money.