Settle IRS debt for Less

IRS Tax Help

Almost every person in the United States is required to file their income taxes with the IRS. In doing so, some people will receive a refund due to overpayment of taxes taken out of their weekly paycheck while others will find themselves in a situation that requires a payment made to the IRS. In some cases, a person may require various types of IRS tax help to assist them in making the proper payments to the IRS.

Settling Your IRS Debt

In some cases where a large amount of money is owed or the amount of time since the debt was accrued is long, making use of special government programs for IRS tax help may be an option. With these programs, the person that owes the IRS money can make an offer for a lower amount than what is owed. When this option is taken, it will usually cost the IRS some money, but the debt has been there so long that the IRS is generally willing to settle.

Another form of IRS tax help that many people can take advantage of is an installment agreement. In this type of agreement, the debtor will repay the IRS in installments. Usually, payments will be made on a monthly basis. By making these types of arrangements the IRS will not taking collection steps such as wage garnishment or liens.

Other IRS tax help that is available to people who have had issues with their taxes include tax lien help. In the situation where a person owes the IRS money specifically if it is a larger amount or an older debt, the IRS may place a lien on your future tax returns or some of the other assets that you own in order to make sure that at least some of the money owed to them is recovered. In many cases, removing these liens can be nearly impossible, but with the help of a good lawyer, a lien may be withdrawn in certain cases.