Property IRS Can’t Touch to Collect Tax Debt
To effectively reach a good tax debt settlement, you need to know what the IRS can do and what they can’t do to collect your tax debt. One of the things that come under the category of what the federal...
View ArticleSettling for less than you owe
In some situations, the IRS is willing to accept less than the full amount owed. This usually occurs as part of what is commonly called an Offer of Compromise. The tax settlement covers taxes,...
View ArticleDon’t delay things
The national debt continues to grow each day and as the government fails to take in enough money to pay for our expenses and fails to make the necessary cuts in expenses, the government is going to...
View ArticleTax settlement requirements
A tax settlement is the payment of tax liabilities by a tax payer through one of the programs/filings of the IRS. If you are finding it difficult in paying your tax debts or have valid reasons for...
View ArticleIgnore IRS Emails
That is right! You can ignore emails from the IRS. Just delete them like they don’t exist. Why? How? Because they are fake emails. The IRS hasn’t started emailing people. They don’t email people...
View ArticleHome Cost Deduction
Many people fail to realize that they can deduct a portion of their rent or take a depreciation deduction. A house, apartment, condo, and just about any place where sleeping and cooking arrangements...
View ArticleTax Abatement
Tax abatement is the legal term for asking the IRS to reduce or eliminate the tax penalty that they have imposed upon you. To have any chance to get a tax abatement you must understand how and why the...
View Article45 Day Extension
The easiest way to settling your tax debt with the IRS is to agree to pay the full amount owed in back taxes. That goes without saying because once they get their money they will leave you alone. So...
View ArticleForm 9465
Form 9465 is the IRS form that you use to request a monthly installment plan when you cannot pay the full amount due on your tax return. Generally, they will give you up to 72 months to pay off the...
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