Do You Feel Out of Control Because of an IRS Tax Debt?
Get a grip on out of control tax debt! If you have lost hold of your finances due to unpaid tax bills, you are not alone.
If you have failed to file your taxes, and falling deeper into a debt nightmare, it's time to wake up.
Get all those back taxes filed! The IRS won't give you any options without having all of your past due tax info in hand; the IRS calls this: getting into compliance.
Now we're talking...
Once the IRS is aware that you have intentions to pay and become compliant with future tax liability, they will listen.
This doesn't mean they are automatically going to say forget about your tax debt and tell you everything is ok.
But it does mean you have opened the doors for communication with the IRS and may be able to get your tax debt under control.
The IRS gives you several settlement options to choose from.
These options are a way to help you pay off your IRS tax debt by either decreasing the amount that you owe, setting up a monthly payment and in some cases even stop the collection process all together.
Here are your debt settlement options: ·Apply for an Installment Agreement- a monthly payment plan to pay off your tax debt.
·Partial Payment Installment Agreement- a long-term payment plan where you are paying off a negotiated lower dollar amount than previously owed.
·Offer in Compromise- the IRS is settling for payment of less than the full amount.
This sounds great, but less then 3% of these applications obtain acceptance into the program.
·Not Currently Collectible- you must prove that there is no foreseeable chance the IRS will be able to collect payment from you.
And they will keep checking up on you! ·File Bankruptcy- have your debt released under the guidelines of Chapter7 or Chapter 13 bankruptcy petitions.
This however will only delay them getting their money.
They will be waiting in the background for the process to end! The tax debt settlement options that will work best for you depend on the total dollar amount owed, and the IRS still has to be willing to consider helping you with your debt.
Don't get caught in the vicious cycle of not filing, not paying, year after year.
The time to act is now.
Get yourself and your finances back on the right track.
Use these tips from a former IRS-Hitman.
The IRS will not stop until they've taken everything if you don't act now! Now you have the smoking gun...
Use it!
If you have failed to file your taxes, and falling deeper into a debt nightmare, it's time to wake up.
Get all those back taxes filed! The IRS won't give you any options without having all of your past due tax info in hand; the IRS calls this: getting into compliance.
Now we're talking...
Once the IRS is aware that you have intentions to pay and become compliant with future tax liability, they will listen.
This doesn't mean they are automatically going to say forget about your tax debt and tell you everything is ok.
But it does mean you have opened the doors for communication with the IRS and may be able to get your tax debt under control.
The IRS gives you several settlement options to choose from.
These options are a way to help you pay off your IRS tax debt by either decreasing the amount that you owe, setting up a monthly payment and in some cases even stop the collection process all together.
Here are your debt settlement options: ·Apply for an Installment Agreement- a monthly payment plan to pay off your tax debt.
·Partial Payment Installment Agreement- a long-term payment plan where you are paying off a negotiated lower dollar amount than previously owed.
·Offer in Compromise- the IRS is settling for payment of less than the full amount.
This sounds great, but less then 3% of these applications obtain acceptance into the program.
·Not Currently Collectible- you must prove that there is no foreseeable chance the IRS will be able to collect payment from you.
And they will keep checking up on you! ·File Bankruptcy- have your debt released under the guidelines of Chapter7 or Chapter 13 bankruptcy petitions.
This however will only delay them getting their money.
They will be waiting in the background for the process to end! The tax debt settlement options that will work best for you depend on the total dollar amount owed, and the IRS still has to be willing to consider helping you with your debt.
Don't get caught in the vicious cycle of not filing, not paying, year after year.
The time to act is now.
Get yourself and your finances back on the right track.
Use these tips from a former IRS-Hitman.
The IRS will not stop until they've taken everything if you don't act now! Now you have the smoking gun...
Use it!