Failure to meet your annual tax obligation is an invitation to severe financial and legal consequences. The IRS can impose legal penalties, delay reimbursement, and in worst-cases, seize your...
Offer in Compromise, or OIC, is a provision initiated by the Internal Revenue Service to help taxpayers who are unable to clear their tax debts. If an OIC is...
Nobody can escape taxes, but what if you are broke and can’t pay the whole amount? To deal with such situations, the IRS provides you with the option of...
As every citizen of the U.S. knows, it’s always wise to be well prepared when dealing with the Internal Revenue Service (IRS). Whether your issue is simply filling your...
Many taxpayers face certain situations or circumstances wherein they are unable to pay off their tax debts. In such cases, the IRS has a number of tax debt relief...
If financial constraints have been preventing you from settling your tax liabilities, an Offer in Compromise can be a way out of the problem. An Offer in Compromise is...
Offer in Compromise, or OIC for short, is an agreement between the IRS and a taxpayer that allows the taxpayer to settle their tax liabilities for an amount less...
According to a latest estimate from the IRS, the government loses around $458 billion dollars in unpaid taxes every year. Many delinquent taxpayers who owe the IRS huge amounts...