Entries from 2022-03-19 to 1 day
What is Tax-Debt Relief What is Tax Debt Relief? The broad concept of tax-debt relief encompasses many options. Each option is designed to bring the IRS and taxpayers in debt the closest possible. (We'll talk about state and local taxing a…
How Much Will The IRS Usually Settle For? What is the IRS's usual settlement? The Internal Revenue Service (IRS), approves many Offers in Compromise each year with taxpayers about past-due taxes payments. In exchange for a lump sum settlem…
How Does Tax Relief Work? Individuals and businesses that have outstanding tax balances can be subject to severe penalties by the Internal Revenue Services. In some cases, this could lead to the seizure or destruction of personal or compan…
IRS Tax Forgiveness Program How Do You Qualify For IRS Forgiveness? What is the IRS Tax Forgiveness program? The US has only two absolutes: death and taxes. There is no escape from either of these two absolutes, and the future does not loo…
Do not pay an IRS Penalty without looking into Penalty Relief Can IRS forgive penalties The vast majority of penalties are not abated by the IRS. Why? It could be because people don’t know how to ask for penalty relief or that it may seem …