At Tax Resolution Services we are constantly seeking the best options for clients who are settling back tax debt.  Some people have heard about the Offer in Compromise program – a tax settlement program between the consumer and the IRS – but don’t know all the facts about it.  Below is a great question by a tax client that addresses most people’s concerns about the Offer in Compromise program and
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Tax questions from people facing tax problems are common in our office.  Here is a question from a person owing back taxes and our advice on what can be done.
Question: I closed my business a year ago, and then I took some bad advice. I just found out I owe a lot in back taxes, and I’m feeling hopeless and helpless. What can I do?

Answer: Let me first assure
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Many of our clients at Tax Resolution Services inquire about the Offer in Compromise program - a program established by the IRS to help consumers settle tax debt, usually at a fraction of what they owe.  What most people don’t know is that the Offer in Compromise is a privilege set forth by the IRS and that a person needs to qualify for this program.  How does someone qualify?   Read more from the IRS Question Corner of
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Today’s Tax Resolution Tip:
If you owe the IRS a large amount of money and can’t afford to pay the lump sum at once, don’t panic. Consider an Installment Agreement, which is a payment plan used to break up payment on a monthly basis. This is a common route taken by qualifying consumers to settle their back taxes.

Read the Installment Agreement FAQ for more information on IRS Payment Plans and Installment
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Many people don’t know that the IRS will work with you if you owe back taxes and feel that you cannot afford to pay them all at once.  For many of our clients at Tax Resolution Services, we have set up an IRS Installment Agreement plan, simply known as an IRS Payment Plan, which is an arrangement a consumer enters into with the IRS to pay back taxes owed.  This allows the person to
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I recently mentioned the new effort by the IRS  to help consumers with delinquent back taxes avoid tax liens and become compliant in these economically challenging times.
While these tax relief efforts from the IRS would seem to be welcome news, we tax resolution experts have little hope that these changes will result in much of a break for the consumers who need it most.
Here’s why: from my experience, I have
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This February the IRS made a major announcement regarding their new effort aimed at helping taxpayers who are struggling. These new policies and programs will be put in place to 1) assist consumers in paying their back taxes and 2) avoididing tax liens.
This isn’t the first time the IRS has tried to be generous with taxpayers by offering them a ‘break‘. This IRS announcement nearly boasts that this is another
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Tax schemes designed to defraud the IRS of money never work for long.  Taking part in a tax scheme such as the one described below is not the solution to tax relief.  If you owe back taxes, the solution lies with a qualified tax professional who can guide you through the process of tax relief.  Tax Resolution Services is made up of tax attorneys and Certified Tax Resolution Specialists that
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At Tax Resolution Services we help people who are struggling with back taxes on a daily basis.  Questions about how to settle back taxes are often asked of our Certified Tax Resolution Specialists.  If you are struggling with back tax debt, there are tax relief options available, as outlined below.�
Question: There’s no way I can pay what the IRS says I owe. No way whatsoever! They say I owe the
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Tax debt can be a huge burden and scary to face.  Many people do not know that the IRS has options for those who may not be able to pay off their tax debt.  One of these option available to qualifying taxpayers is called the Offer in Compromise program.  One of my tax relief clients asked about the Offer in Compromise program (see question below) and I believe that explaining the
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As the economy begins to slowly rebound, there are some 26 million Americans plagued with tax problems including audit or collection-related issues. And with the IRS collection efforts on the rise supported by a record enforcement budget of $5.5 billion, Americans need to know their rights and options for tax relief.
While taxpayers may always represent themselves in front of the IRS, many turn to professional tax help (a specialized tax
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Even the IRS is feeling the festive holiday spirit! And this means possibly a bit of tax relief in time for the holidays. The bureau announced this month that they have over $164.6 million in undelivered refund checks and want to deliver them to their rightful owners. What does this mean for you? If you are one of the 111,893 taxpayers who are owed a refund check but never received
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Even if you can’t afford to pay your back taxes to the IRS, it is essential to avoid stiff penalties from the IRS and file all delinquent returns now. Every year, thousands (potentially millions) of taxpayers fail to file legally required tax returns. The act of not filing usually results in increasingly damaging problems as time goes by, such as additional interest, crippling penalties and IRS collections including levies on your
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Is the IRS on the verge of knocking down your door because you owe back taxes?  You should be afraid!  The IRS is more than happy to pursue those that owe back taxes, whether a large or small amount.  Be proactive and settle your back taxes now!  At Tax Resolution Services we can help you find tax relief.  Read on about possible solutions to settle your back tax problems.
Question: If I owe
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When you are working to resolve your back taxes, your definition of “success” will depend on the specifics of your situation. Some taxpayers find success in lowering their tax bill. However, not everyone is eligible to pay “pennies on the dollar” on their IRS back taxes, and in many cases, preventing or halting debilitating IRS collection tactics is vital to help struggling taxpayers preserve their finances to the greatest degree
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