The IRS has an offer in compromise (OIC) program for certain people with tax debt to reduce the amount they owe. In some cases, it reduces the amount by more than half. The chances of qualifying ...

Question: I have built up multiple years of tax debt and have been living in fear of liens and garnishments. Are the television ads true? Is there a way I can make a deal for a lesser amount so I can ...

Tax season might be behind us, but for millions of Americans, the stress of unpaid tax bills still lingers. But whether it's due to an issue with unexpected income, a missed payment to the Internal ...

Taxpayers unable to pay their income tax liability may make an offer in compromise under IRC section 7122 to settle the tax bill. Such an offer can, however, have a negative impact on other rights ...

A 2024 study by Qualtrics found that 23% of tax filers expected to go into debt to pay their tax bill, and another 23% said they’d need to take on new debt to resolve it. In fact, IRS data shows ...

In fiscal year 2024, individual taxpayers will owe an estimated $525 billion in tax debt. 1 Based on the most recent tax data from the IRS, more than 10 million taxpayers owe back taxes. 2 If you have ...

Let our top-rated tax debt relief team help you resolve your tax problems. Paying taxes is an inevitable responsibility that can be stressful for even the most financially stable individuals. If ...