If you receive a tax bill this summer for outstanding taxes, you are expected to pay that bill in full including any penalties and interest. If you can’t pay the outstanding...
Posted by Advantage Tax Services, Inc. on 01/02/2019
If you don't have money to pay what you owe the IRS, you have a few options to work with. Whatever you do, don’t ignore the letters from the IRS and don’t let your...
Posted by Tax Crisis Rescue on 12/29/2018
A letter from the IRS is rarely a good thing. One of the worst missives to get from the tax man is the CP90 – Final Notice Before Levy. It is a final warning shot to scare...
Posted by Tax Crisis Rescue on 12/29/2018
A letter from the IRS is rarely a good thing. One of the worst missives to get from the tax man is the CP90 – Final Notice Before Levy. It is a final warning shot to scare...
Posted by Kohari & Gonzalez PLLC on 12/29/2018
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
You can settle your tax arrears with the IRS for a smaller amount than you owe, using an OIC (Offer in Compromise). Nonetheless, you have to demonstrate that the smaller amount you...
Posted by Fletcher Accounting and Tax Service Inc. on 01/11/2018
If you owe taxes to the federal government, striking a payment deal and paying significantly lesser than what you actually owe to the IRS is quite possible, thanks to a payment plan...
Posted by Bon Accounting on 03/09/2017
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
If you have significant tax liabilities, you may have heard the IRS reference an offer in compromise to settle your debt. But what does this mean? An offer in compromise will allow...
Posted by THE ACCT & TAX CO on 01/26/2016
