Posts Tagged ‘IRS offer in compromise’

IRS Question Corner: How Can I Pay Off Tax Debt?

Wednesday, August 21st, 2013

Question: I owe a lot in tax debt, and there’s no way I can repay what I owe. I’ve read about the Offer in Compromise and the Installment Agreement. But how do I determine which is right for me?

Answer: Those are great questions — not only because you need to know the answers as you confront your tax debt head on, but also because they are questions many indebted
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Tax Client of the Month Saves Over $55,000

Tuesday, June 18th, 2013

Every month at Tax Resolution Services we choose a very special Tax Client Of The Month.  It’s our way of acknowledging good friends and saying “thanks” to those who support our business with referrals, word of mouth and repeat business.
This month’s Tax Client Of The Month is David & Lynn K.
David & Lynn K. owed the IRS over $58,000 in back taxes when they sought help.  After several months
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IRS Offer in Compromise Saves Tax Client Over $40,000

Friday, January 18th, 2013

Every month at Tax Resolution Services we choose a very special Tax Client Of The Month.  It’s our way of acknowledging good friends and saying “thanks” to those who support our business with referrals, word of mouth and repeat business.
This month’s Tax Client Of The Month is Mr. Steven A.
Mr. Steven A. owed the IRS $46,000 in back taxes when he sought help.  After several months of negotiations, we were
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Got Back Taxes? The IRS Payment Plan or Installment Agreement Can Help

Monday, November 26th, 2012

Question: I’m in a lot of tax trouble and owe more than I could possibly pay to the IRS. But how do I know if the Offer in Compromise or the Installment Agreement is right for me? I am so lost.

Answer: This is a great question, and the fact that you’ve come here to get an answer suggests you’ve taken the first step toward eliminating your tax troubles.
Whether the
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Tax Client Saves with IRS Offer in Compromise Program

Thursday, November 8th, 2012

Every month at Tax Resolution Services we choose a very special Tax Client Of The Month.  It’s our way of acknowledging good friends and saying “thanks” to those who support our business with referrals, word of mouth and repeat business.
This month’s Tax Client Of The Month is Mr. Issak C.
Mr. Isaak C. owed the IRS over $32,000 in back taxes. After several months of negotiations, we were able to settle
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IRS Offer in Compromise Saves Tax Client Thousands

Monday, October 22nd, 2012

Every month Tax Resolution Services chooses a very special Tax Client Of The Month.  It’s our way of acknowledging good friends and saying “thanks” to those who support our business with referrals, word of mouth and repeat business.
This month’s Tax Client Of The Month is Mr. Jerry K.
When Mr. Jerry K. contacted our company, he owed the IRS over $30,000 in back taxes. After several months of negotiations, we were
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Which is Better for Paying Off Tax Debt: Offer in Compromise or Installment Agreement?

Tuesday, September 11th, 2012

Question: I’m in debt to the IRS. But I have two significant questions that have paralyzed me. How do I know which is better for me — the Offer in Compromise or the Installment Agreement? And what if I’m too much in debt?

Answer: Great questions. Since the second one is the simplest to answer, let me address it first.
Simply put, you cannot be too much in tax debt. No
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Tax Client of the Month Saves Over $120K With Offer in Compromise

Thursday, August 16th, 2012

Every month at Tax Resolution Services we choose a very special Tax Client Of The Month.  It’s our way of acknowledging good friends and saying “thanks” to those who support our business with referrals, word of mouth and repeat business.
This month’s Tax Client Of The Month is Mr. Isaac G.
Mr. Isaac G. owed the IRS $132K in back taxes when he sought help.  After several months of negotiations, we were
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Paying Off Tax Debt with the IRS Offer in Compromise or Installment Agreement Plan

Tuesday, July 24th, 2012

Question: I owe for several years of back taxes. How do I know whether the Offer in Compromise or the Installment Agreement is right for me?

Answer: Great question. The truth is, you will need to consult a qualified tax professional to be certain which of these plans is appropriate for you. But I hope by explaining in detail what these plans offer, you’ll be better informed when you meet
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Offer in Compromise Settles Tax Debt, Saving Client $49,000

Thursday, July 12th, 2012

Every month at Tax Resolution Services, we choose a very special Tax Client Of The Month.  It’s our way of acknowledging good friends and saying “thanks” to those who support our business with referrals, word of mouth and repeat business.
This month’s Tax Client Of The Month is Mr. Clifton S.
Mr. Clifton S. owed the IRS $52K in back taxes when he sought help.  After several months of negotiations, we were
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Offer in Compromise Saves Tax Client of the Month Over $36,000

Friday, February 17th, 2012

Every month we choose a very special Tax Client Of The Month.  It’s our way of acknowledging good friends and saying “thanks” to those who support Tax Resolution Services with referrals, word of mouth and repeat business.
This month’s Tax Client Of The Month is Mr. Alvin K.

Mr. Alvin K owed the IRS over $38,000 in back taxes when he sought our help.  After several months of negotiations, we were
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IRS Offer in Compromise Saves Tax Client Over $15,000

Saturday, January 21st, 2012

Every month Tax Resolution Services chooses a very special Tax Client Of The Month.  It’s our way of acknowledging good friends and saying “thanks” to those who support Tax Resolution Services with referrals, word of mouth and repeat business.
This month’s Tax Client Of The Month is Mr. Joe F.
Mr. Joe F. owed the IRS $16,000 in back taxes when he sought help.  After several months of negotiations, we were able
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Offer in Compromise-Know What it Means

Tuesday, October 18th, 2011

I wrote an article called How to Get Tax Relief through the IRS Offer in Compromise Program. The topics covered in the article covered the most frequently asked questions I often get in my practice:
-Who can file an Offer In Compromise?
-What are the requirements for an Offer in Compromise?
-Can penalties and interest be compromised under an Offer in Compromise?
-How likely is it that the IRS will accept an Offer in
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IRS Offer in Compromise Program Aids in Paying Tax Debt

Thursday, September 8th, 2011

As the founder of Tax Resolution Services and as a Certified Tax Resolution Specialist, I have helped many individuals get out of tax debt. In the IRS Question Corner article below, I explain more about the IRS Offer in Compromise, a program designed to help consumers pay off tax debt, especially when they are under a serious financial strain. One note about the Offer in Compromise program, it is not
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IRS Offer in Compromise Program Saves Tax Client Over $30,000

Monday, May 16th, 2011

Every month Tax Resolution Services chooses a very special Tax Client Of The Month.  It’s our way of acknowledging good friends and saying “thanks” to those who support our business with referrals, word of mouth and repeat business.
This month’s Tax Client Of The Month is Ms. Anita W.
Ms. Anita W. owed the IRS over $32,000 in back taxes. Our negotiations and advocacy resulted in the IRS accepting a settlement of just $1,793.00 via the federal government’s
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