Written By: Michael Vale Reviewed By: Bridgette Austin, Esq., EA, Co-Founder and Tax Attorney Last Reviewed: July 2, 2026 Owe the IRS more than you can pay right now? Two programs come up more than any others: an offer in compromise and an installment agreement. An...
Written By: Michael Vale Reviewed By: Bridgette Austin, Esq., EA, Co-Founder and Tax Attorney Last Reviewed: June 30, 2026 Most tax-relief ads skip this number. The IRS accepted about 21% of offers in compromise in 2024, down from 42% a year earlier, with early 2025...
Written By: Michael Vale Reviewed By: Bridgette Austin, Esq., EA, Co-Founder and Tax Attorney Last Reviewed: June 28, 2026 An offer in compromise lets you settle IRS tax debt for less than you owe, but the paperwork is what makes or breaks it. You need three core...
Written By: Michael Vale Reviewed By: Bridgette Austin, Esq., EA, Co-Founder and Tax Attorney Last Reviewed: June 26, 2026 A $10,000 tax bill you ignore for a year rarely stays $10,000. Stack the failure-to-file penalty, the failure-to-pay penalty, and daily interest,...
Written By: Michael Vale Reviewed By: Bridgette Austin, Esq., EA, Co-Founder and Tax Attorney Last Reviewed: June 23, 2026 Most people need to file the last six years of back tax returns to get current with the IRS. That covers most individual cases. Six years is...
Written By: Michael Vale Reviewed By: Bridgette Austin, Esq., EA, Co-Founder and Tax Attorney Last Reviewed: June 21, 2026 Most people who owe back taxes qualify for an IRS installment agreement, even if they can’t pay it at once. If you owe $50,000 or less and...
Written By: Michael Vale Reviewed By: Bridgette Austin, Esq., EA, Co-Founder and Tax Attorney Last Reviewed: June 1, 2026 Most bank accounts aren’t safe from the IRS. If you owe back taxes and collection notices have gone unanswered, the IRS can freeze and seize...
Written By: Michael Vale Reviewed By: Bridgette Austin, Esq., EA, Co-Founder and Tax Attorney Last Reviewed: May 29, 2026 The single biggest reason tax returns get delayed, filed wrong, or leave money on the table is missing paperwork. Not bad math. Not software...
Written By: Michael Vale Reviewed By: Bridgette Austin, Esq., EA, Co-Founder and Tax Attorney Last Reviewed: May 28, 2026 Sort of. The IRS has 10 years to collect a tax debt, and once that window closes, the agency can’t legally collect on it. But most people...
Written By: Michael Vale Reviewed By: Bridgette Austin, Esq., EA, Co-Founder and Tax Attorney Last Reviewed: May 25, 2026 Filing bankruptcy can stop IRS levies immediately. The moment a petition hits the court, a federal protection called the automatic stay freezes...
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