| <!-- /* Font Definitions */ @font-face | | | | There are ways to ease the burden of paying your |
| font-family:Calibri; panose-1:2 15 5 2 2 2 4 3 2 4; | | | | back taxes. It is unfortunate that so many people are |
| mso-font-charset:0; mso-generic-font-family:swiss; | | | | unaware of the options available to them. I will list a |
| mso-font-pitch:variable; mso-font-signature:-520092929 | | | | few of the options you may want to consider. |
| 1073786111 9 0 415 0; /* Style Definitions */ | | | | 1. Installment Agreements |
| p.MsoNormal, li.MsoNormal, div.MsoNormal | | | | 2. Offer of Compromise |
| mso-style-unhide:no; mso-style-qformat:yes; | | | | 3. Bankruptcy discharge |
| mso-style-parent:""; margin-top:0cm; margin-right:0cm; | | | | The first option of Installment Agreement is an |
| margin-bottom:10.0pt; margin-left:0cm; line-height:115%; | | | | agreement between the taxpayer and the IRS to |
| mso-pagination:widow-orphan; font-size:11.0pt; | | | | make monthly payments. The amount is based upon |
| font-family:"Calibri","sans-serif"; | | | | your income and can make paying your back taxes |
| mso-fareast-font-family:Calibri; | | | | much easier on your budget. You will need to prove |
| mso-bidi-font-family:"Times New Roman"; | | | | your income and financial statements. |
| mso-ansi-language:EN-US; | | | | The second option Offer of Compromise is much |
| mso-fareast-language:EN-US; .MsoChpDefault | | | | more complex. Basically it involves proving that you |
| mso-style-type:export-only; mso-default-props:yes; | | | | are not currently able to pay the full balance and that |
| font-size:10.0pt; mso-ansi-font-size:10.0pt; | | | | you will not be able to in the foreseeable future either. |
| mso-bidi-font-size:10.0pt; mso-ascii-font-family:Calibri; | | | | This requires documentation, financial statements etc., it |
| mso-fareast-font-family:Calibri; | | | | is best to hire a tax professional to assist with the |
| mso-hansi-font-family:Calibri; @page Section1 | | | | preparation prior to contacting the IRS. |
| size:612.0pt 792.0pt; margin:36.0pt 72.0pt 36.0pt 72.0pt; | | | | The third option listed is discharging back tax debt in |
| mso-header-margin:36.0pt; mso-footer-margin:36.0pt; | | | | either a chapter 7 or a chapter 13 bankruptcy. There |
| mso-paper-source:0; div.Section1 page:Section1; --> /* | | | | are specific requirements and criteria that must be met |
| Style Definitions */ table.MsoNormalTable | | | | in order to take advantage of this option. You should |
| mso-style-name:"Table Normal"; | | | | work with your bankruptcy attorney in order to find out |
| mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; | | | | if you qualify and to complete the appropriate |
| mso-style-noshow:yes; mso-style-priority:99; | | | | requirements. |
| mso-style-qformat:yes; mso-style-parent:""; | | | | There are other options available as well. You should |
| mso-padding-alt:0cm 5.4pt 0cm 5.4pt; | | | | seek out a tax professional that is knowledgeable |
| mso-para-margin:0cm; mso-para-margin-bottom:.0001pt; | | | | about recent tax law changes. Make sure you do |
| mso-pagination:widow-orphan; font-size:11.0pt; | | | | some homework and verify that whomever you |
| font-family:"Calibri","sans-serif"; | | | | choose to hire is in fact reputable! |
| mso-ascii-font-family:Calibri; | | | | The IRS does want to work with you! You simply |
| mso-ascii-theme-font:minor-latin; | | | | need to know your options. Not doing anything will only |
| mso-fareast-font-family:"Times New Roman"; | | | | increase your balance as interest and penalties |
| mso-fareast-theme-font:minor-fareast; | | | | continue to accrue. Before you know it your original |
| mso-hansi-font-family:Calibri; | | | | debt could double or even triple! You need to contact |
| mso-hansi-theme-font:minor-latin; | | | | the IRS, an attorney or a qualified tax professional |
| mso-bidi-font-family:"Times New Roman"; | | | | immediately to find out what options would apply to |
| mso-bidi-theme-font:minor-bidi; | | | | your current situation. Don't procrastinate; don't hesitate |
| Owing back taxes can be very overwhelming and | | | | due to fear or intimidation. Inaction will cost you! |
| stressful. Many people toss and turn all night instead of | | | | I have done a bit of research for you. These Tax |
| sleeping due to the constant pressure of being in debt | | | | Relief Experts will help you settle your tax debt today. |
| to the IRS. It can take over your life in so many ways | | | | You can find out if you qualify for a tax settlement for |
| that merely functioning becomes difficult. The tough | | | | free. |
| economic times and high unemployment has played a | | | | Click here to fill out a short form to work with tax |
| big part in taxpayers falling behind with the IRS. | | | | settlement specialists to settle or eliminate your debt. |