At times, paying your tax debt becomes impossible. However, there is a solution to cease the collection calls from the IRS. The organization has various programs aimed at assisting...
Posted by Rosovich & Associates, Inc. on 02/17/2023
An OIC (Offer in Compromise) is a payment option that the IRS makes available to taxpayers. It enables you to pay off your tax debt without "going bankrupt" or "breaking...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 12/18/2021
When a taxpayer cannot pay the tax bill (now or in the future) with future assets and monthly income, they may qualify for the I.R.S. Offer in Compromise program—providing a...
Posted by Flynn Financial Group Inc on 01/23/2021
In the United States, Internal Service Revenue (IRS) is a government agency under the Department of Treasury which is tasked with collecting revenue and administer the Internal Revenue...
Posted by Abundant Returns Tax Service on 05/30/2018
You may hear of a program offered by the IRS to taxpayers who are having difficulties in paying their tax obligations. Offer In Compromise is a program that allows taxpayers to pay...
Posted by David Yeomans Accounting Service, Inc. on 03/11/2018
Taxes are something that every citizen has to pay to keep the country running and also play their role in giving back the country from what they are gaining from it. Every year everyone...
Posted by Carlos Samaniego EA on 03/05/2018
When dealing with tax liabilities, the IRS is willing to work with taxpayers to reach a payment arrangement that satisfies the tax debt. However, not all individuals can afford long...
Posted by Plymouth Income Tax Consultants on 03/19/2016
Hello everyone. This is Marta Torres, checking in from Liberty Taxes & Business Services. Now that we’re steadily approaching the deadline for the upcoming tax season,...
Posted by Liberty Taxes & Business Services on 01/22/2016
