While an offer in compromise is the goldmine for those who owe tax debt, obtaining one with equity in assets is hard to come by.  However, if you have a nest of equity, but are cash broke, there are other options at the IRS that may better suit your needs. Why don’t I qualify for […]

A common question that many of our prospects ask us is what to do in the situation where the IRS is threatening collections against you for tax debt that accrued while married?  Many of these people state that they had no idea that there was a tax debt issue, their previous spouse always prepared their […]

One of the worst things about owing the IRS money is that it continues to grow.  Not only do you have the actual tax debt that you owe, but the IRS charges interest and it also can charge two different types of penalties.  After many years, 25% of your total tax debt can be penalties.  […]

There are a lot of people that owe tax debt to the IRS.  Recently a spokesperson from the IRS stated that an estimated 8.2 million Americans owed back taxes.  That’s a lot of people.  Most of these people owe a minimal amount and don’t qualify for a settlement of any kind with the IRS.  However, […]

After exhausting all efforts to resolve your tax debt, you have come to the conclusion that the only thing that is available to you is to pay the darn thing off.  If that is you, and this conclusion was helped met by talking with a licensed professional, there are some smart options for you to […]

With the holiday season literally coming upon us in a few days, there are many stresses accompanying the happy times ahead.  If you owe tax debt, one of those stresses should be the IRS.  IRS levies rarely put anyone into a jolly mood. However, with the holidays also comes a fever of IRS collection actions. […]

The recent rule changes brought out under the IRS’ fresh start program has allowed thousands of Americans to now be eligible for tax relief where before they wouldn’t even qualify for a settlement. So, how does the program work? What is an Offer in Compromise? The Offer in Compromise is a program that allows people […]