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....
Getting a debt settlement agreement notarized ensures legal validity and protects both parties involved. This formal process to notarize a debt settlement agreement creates an enforceable document that courts recognize. A debt settlement agreement outlines terms for...
No one enjoys dealing with a tax audit. But each year, thousands of people are selected for review. The IRS checks tax returns to find errors or missing information. This applies to both individuals and business owners. Audits often happen when the IRS spots something...
A tax settlement is a legal agreement that allows a taxpayer to resolve their debt for less than the total amount owed. This arrangement is typically considered by tax authorities when a person faces financial challenges that prevent them from paying the full amount.... 
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