Thanks for coming back to IRSCompromiseHelp.com. If you haven’t already, please sign up for our newsletter to receive the free e-course “What Everyone Ought to Know about Tax Problems.”In the good ole days you could submit your offer in compromise to the IRS and it wouldn’t cost you anything except a filing fee. So, [...]
There are several statues of limitations when it comes to how long the IRS has to collect tax debt from you. The first statute of limitations you have to worry about is the time the IRS has to go back and examine (or audit) your income tax return. The IRS has three years from when [...]
QUESTION:
I set up an installment agreement a couple of weeks ago to pay off my tax liability. I understand that it is going to take a while before my taxes are paid in full, but I thought once I set up the installment agreement, the IRS cannot come and try to levy my wages. I [...]
When you owe the IRS money for past taxes, you are probably living in the fear that they are just a few steps behind you and sooner or later they are going to catch up to you and begin garnishing your wages at work. Then, your secret is out. Now everyone, at least it feels [...]