Generally, when dealing with an IRS tax debt problem, a taxpayer has four options: (1) pay the amount owing in full; (2) pay the amount over time pursuant to an installment agreement; (3) file an offer in compromise; or (4) file bankruptcy (presuming the tax liability is for income taxes and it is old enough...Read More
The attached articles were written based on the state of the law as of the date written. The authors of the attached articles assumes no responsibility to update the content of the articles as a result of any changes in the law. Anybody reviewing the attached articles should consult with the authors of the articles, or their professional tax or legal advisor to verify the current status of the law as it relates to their own personal transactions.
