A letter from the IRS can be anxiety-provoking. Feelings of unease can turn to terror if the IRS is informing you that you have a delinquent tax return. However, it’s important to remind yourself that this is not the end of the world. Here are some steps you can take...
Identifying Effective Tax Help Solutions
Month: August 2020
An offer in compromise could settle your tax debt for less
If you are unable to pay what you owe in taxes, or if paying would create a financial hardship for you, the IRS may consider what is called an “offer in compromise” to settle your tax debt. Essentially, the IRS is sometimes willing to settle your debt for the amount...