How IRS Pay Debts Quickly Unlike an installment payment agreement, however, the IRS can re-evaluate the terms of an installment agreement every two years. For example, if the IRS thinks the taxpayer can afford to make larger payments, the installment payment agreement may need to be renegotiated. Set taxes on pennies on the dollar owed, [...]

IRS Tax Problems: Prevention and Resolution Tax problems come in various forms, one of which is IRS tax problems. Tax authorities are incessantly increasing their tax enforcement efforts through tax collection and tax audit. When taxpayers receive the dreaded tax notice from the authorities that their tax return or their business is going to be [...]

Correcting Tax Returns: How the IRS Offers Aid If you have filed your tax return and noticed that you made an error during the process, you can file a follow-up or amended tax return to make the correction. An amended tax return offers taxpayers the option to make changes after filing their original return. The [...]

Guide on IRS Tax Appeal If the IRS has issued a threat on you or your business with tax levy or lien or if disputing an audit, you can hire a representative that will protect your rights during the appeal process. Unfortunately, some taxpayers do not realize that they can hire the appropriate firm with [...]

Denial of Passport by IRS: How it works One way in which the IRS can punish you for not paying off your back tax debt is by denying a passport that allows you to travel or leave the US. Passport revocation and travel denial is a tool used by the IRS to aid in the [...]

Settling an tax bill by Means of Offer in Compromise Consideration, Carrolton Texas It is sometimes possible to clear your tax form at a huge discount. If you qualify for something known as a commitment offer, known as an "offer" or "OIC", the IRS will accept less than the amount a taxpayer owes in a [...]

Effective Ways to Deal with Huge Taxes from the IRS, Edinburg Texas A huge amount of tax is usually not good news for any taxpayer, as the IRS may be the most terrifying creditor a person can possibly have. This is also not a cause for one to lose hope. As a government agency, the [...]

How to use an escrow offer to settle your tax debt, Garland Texas In the usual condition, when you collect a home loan, there are very high possibilities that your lender will require an escrow account from you. This term might not be strange to you. You might even know that in most cases, an [...]

The IRS Currently Not Collectible Status, Grand Prairie Texas You may be qualified to defer having your payment made to the IRS on past due income taxes if you are in tax debt and simply cannot pay. You must have little or no money left over each month after paying expenses which are essential, such [...]

Creating a more friendly IRS From Identity Theft and More, Baytown TEXAS Cyber thief, hacker, wearing a man mask and shaking hand with businessman on computer laptop. Cyber security and crime concept. Vector illustration of flat design people characters. The Internal Revenue Service (IRS) wants to be loved just like everyone else, or [...]