Tax Debts
Do you need help with a tax debt?
Our office reviews each case individually using the options below.
1 Currently Not Collectable: Apply for currently non-collectible status and get a break from collection activity.
2 Statute of Limitations: In most cases the IRS has only 10 years since the assessment date to collect back taxes. Waiting may be your best option.
3 Installment Agreements: Get an affordable monthly payment by spreading the amount you owe over a long term payment plan.
4 Offer in Compromise: Under certain circumstances you may be able to settle your debt with the IRS for much less then what you owe.
5 Bankruptcy: Bankruptcy can be used to set up a five year no interest repayment plan or even completely eliminate certain tax debts.
- Overwhelmed? Call (608) 829-1112