Posts Tagged ‘seeking help’

I owe nearly $167,000 in back taxes, according to my accountant. It’s my own fault, really. I followed some bad advice, and now I’m scared the IRS will be coming after me. I want to pay up, but I simply don’t have that kind of money. What can I do?

Thursday, April 12th, 2007

I know it’s unnerving to owe money to the IRS, but trust me, you have many options. You should know there are thousands of other American taxpayers in the same situation you are in.
The first thing you should do is consult a qualified tax professional. He or she will examine your previous tax returns with microscope, making sure that you aren’t obligating yourself to pay Uncle
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Posted in IRS Installment Agreements, IRS Question Corner, IRS Times and Inquirer, Offers in Compromise, Seeking Professional Tax Help | No Comments »

Since the New Year has rolled around, I’ve made myself a promise: I want to get rid of my tax debt. I owe about $140,000 in back taxes and now earn about $65,000 per year (with no savings). I don’t know where to begin. Can you help?

Wednesday, January 10th, 2007

You’ve made the first step. The hardest part in overcoming tax debt is coming to the realization that you want to finally eradicate that debt. Considering the amount you owe and your annual income, I realize that this tax problem can seem insurmountable. But trust me: It isn’t.
What you need to do is find a qualified tax professional. He or she will analyze your
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Posted in IRS Installment Agreements, IRS Question Corner, IRS Times and Inquirer, Offers in Compromise, Seeking Professional Tax Help | No Comments »