Clik here to view.
IRS Installment Payment Plans
The most widely used method for paying an old IRS debt is the monthly installment agreement, or IA. If you owe $50,000 or less, you should be able to get an installment payment plan for 72 months just...
View ArticleClik here to view.
Using an Offer in Compromise to Settle a Tax Bill
It is sometimes possible to wipe your tax slate clean at an enormous discount. If you qualify for something known as the offer in compromise, referred to as an "offer" or "OIC," the IRS has been known...
View ArticleIRS Back Taxes: Taxpayer Options
One of the most common questions I hear is, "I owe the IRS years of back taxes, what are my options?" Many taxpayers gravitate towards the Offer in Compromise (OIC) program, possibly falling victim to...
View ArticleIRS Fresh Start Program Offers Penalty Relief and Eases Installment Payment...
The Fresh Start program was started by the IRS in 2011 to help taxpayers struggling to keep up with paying their taxes in a bad economy. The original program aimed to help taxpayers by easing policies...
View ArticleCan You Really Settle Your Tax Debt with the IRS for Pennies on the Dollar?
You've probably seen the commercials on television: A pitchman says that you can settle your tax bill for "pennies on the dollar." All you have to do is hire the law firm in the commercial and they...
View ArticleMediation Process for IRS Offers in Compromise
If you owe a tax debt to the IRS and can’t reasonably afford to pay the full amount, you can try to get the IRS to settle the debt for less than the full amount you owe by asking the agency to agree to...
View Article
