| Do you finally want to clear IRS anxiety? Are you | | | | reality, the Offer you submit to the IRS must be fair. It |
| ready to get started on the road to a debt free life. | | | | will be weighed against your assets and income |
| Negotiating with the IRS is very difficult if you owe | | | | before it is considered and it is very hard to qualify for |
| Back Taxes. But ignoring your IRS tax debt is the | | | | the settlement. |
| worst thing you can do. That's because Interest and | | | | - Pay Monthly: You can pay your Tax Debt in monthly |
| Penalties add up and make small debts grow into huge | | | | payments. The IRS will look carefully at your entire |
| debts, and fast! | | | | financial situation. Then they will determine the amount |
| Are you current with your tax filing? If you're not, that's | | | | you can pay monthly based on your calculated income |
| the first step to paying your back taxes. You cannot | | | | and assets. This is called an "Installment Agreement". |
| qualify for many tax programs that will save you | | | | This is a simple way to pay for your IRS Back Taxes, |
| money if you are not current. Additionally, failing to file | | | | but you have to be careful. If you default on your |
| your taxes is a criminal offense. The IRS can take you | | | | monthly payments you will be suspended from your |
| to court and if you are found guilty you could face 3 | | | | Installment Agreement. And on top of that, you will |
| years of jail time. Not to mention the huge bill for the | | | | owe additional penalties. |
| court costs. So get caught up! | | | | If you cannot qualify for the above programs, it may |
| Once you are up to date with your Tax Filing you can | | | | be in your best interest to pay your Back Tax Debt in |
| start solving your tax problems. Here are the most | | | | full. Consider obtaining a loan or borrowing money from |
| popular options utilized for paying Back Taxes: | | | | family. The sooner you pay off the Back Tax Debt, |
| - Settle Your Tax Debt: The "Offer in Compromise" | | | | the better! Remember, the interest and penalties do |
| program is also infamously known as the "Pennies on | | | | not stop accruing on your debt. So if you don't want it |
| the Dollar" program. But only a tiny percentage of | | | | to get bigger, get it paid off. Or you can consider hiring |
| people have their IRS Debt settled for very low | | | | professional help and resubmitting your Offer. |
| amounts. So do not be caught up in that gimmick. In | | | | |