It is sometimes possible to settle your debt with the IRS for less than what you owe. It depends on a variety of factors; mostly it does not depend on how much you owe but how much you have. The IRS wants to know all of your assets, all of your liabilities, your income, and your expenses; based on a very specific formula, they have certain forms that we can help you work through.
It is possible to either reduce your liability or work out a payment plan where you can pay the liability over time. Our firm can help you figure out the best way to deal with the IRS on whatever your collection issues may be.See all videos