Let our top-rated tax debt relief team help you resolve your tax problems. Paying taxes is an inevitable responsibility that can be stressful for even the most financially stable individuals. If ...

Before you can start the offer in compromise process, you'll need to meet certain requirements. First, you must have filed all required tax returns. Second, you must have received at least one bill ...

Question: I went through a long and expensive divorce a few years ago which decimated me financially. After the divorce, I racked up a large IRS tax bill, basically using tax dollars I owed to finance ...

An offer in compromise is a program devised by the Internal Revenue Service to settle tax liabilities for less than what is owed. Usually it’s an individual taxpayer that seeks relief under this ...

Tax season might be behind us, but for millions of Americans, the stress of unpaid tax bills still lingers. But whether it's due to an issue with unexpected income, a missed payment to the Internal ...

Since 2012 the IRS has been much more willing to compromise with taxpayers with overwhelming tax debt than in the prior decade. IRC §7122 permits the IRS to accept offers in compromise in settlement ...

The IRS’s offer in compromise program allows taxpayers to settle their tax liability for less than the amount, but the process to get to an agreed-upon amount is a long one. It’s not like haranguing ...

In the past two columns, I’ve been discussing offers in compromise, the IRS program that gives taxpayers a fresh start. This program is designed to show mercy to taxpayers who are up against economic ...