Debt Settlement
We need to know your situation before we can offer our advice about which method is best to settle your debt. We need to know how you got into your current tax situation, so that we can offer you assistance on how to solve your problem and hopefully keep the problem from reoccurring.
If you have an income or any value in your assets, the IRS will take what they can get to pay off your debt. There are options to assist you with settling your debt. We do this every day and are not afraid to negotiate with the IRS in your best interest.
Before we begin to settle your debt, sometimes it is possible to reduce the amount of your debt. After that we will determine which action to take. One direction is to set up an installment agreement, where you can make payments toward your debt, instead of paying the total debt all at once. If your debt is growing too quickly, we may be able to do a penalty abatement, which can remove some or all of your penalties. If your spouse filed the tax return incorrectly, and you filed jointly, you may qualify for innocent spouse relief. Call us. We’ll find the direction that best suits your debt and situation. 810-245-0813