When the IRS rejects your installment agreement request, you have the right to appeal through several formal channels including the IRS Office of Appeals, Collection Due Process (CDP) hearings, or the Collection Appeals Program (CAP). To successfully appeal a denied...
No, you cannot have two separate installment agreements with the IRS for the same type of tax debt. The IRS requires all personal income tax obligations to be consolidated into a single payment plan, regardless of how many tax years you owe. However, there is one...
When you’re facing overwhelming tax debt, the Offer in Compromise program seems like a lifeline, a chance to settle with the IRS for far less than you owe. Tax relief companies capitalize on this desperation, promising easy approvals and massive savings. While...
What’s the difference between an IRS revenue officer and revenue agent? Revenue agents and revenue officers are distinct IRS professionals with different responsibilities: Revenue Agents: Conduct tax audits, examine returns for errors, cannot collect taxes. They...
Millions of Americans face overwhelming tax obligations each year. Tax debt can accumulate quickly through unfiled returns and penalties, but debt forgiveness programs offer hope for financial recovery. Tax forgiveness programs help reduce what you owe to authorities.... 
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