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Accounting Articles > Illinois Department of Revenue:
Delinquent taxpayer liability and the Illinois Department of Revenue
The best way to handle these situations is to try to find a way to pay it off as quickly as possible.
No matter what the type of tax is, the basis of the liability, the penalties, and interest charged by the department will generally be more expensive even then credit card interest rates. It's always best to pay them off. Or to owe someone else if necessary.
If this is impossible, then you can request a payment plan. Generally this would be over a two of three year period of time. Interest will continue to accrue.
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