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It is possible for you to lower your tax debt to an amount much lower than what you owe. If your net assets, and your overall income level is relatively small to the total amount of your debt, you will likely qualify for an OFFER IN COMPROMISE.
There are various scenarios where you may qualify for the removal of substantially all of your penalties. In many cases, taxpayers are victimized by specific situations such as theft, natural disasters, a death in the family, and divorce.
There are instances where the IRS will contact your banking institution and request that the balance be used to satisfy your tax liability.
You have tax problems, and it is your responsibility to solve them. But you need help, and you can't do it all by yourself. You need a trusted partner to assist you to manage and negotiate with tax authorities on your behalf. Spending your days and nights worrying about your tax debts takes away valuable time away from your family, your career, and the your ability to focus on new opportunities. Congratulations on understanding and accepting this very important concept. If you agree please move on to the next paragraph to review some of the options we have available depending on your situation.
For years we ignored the liens and levies that were placed on our bank accounts. We stopped filing our tax returns and we simply just hoped they would go away. However, as you know this past year our daughter was applying towards receiving financial assistance for college. We realized at the worst time that our tax problems could keep our daughter from completing her education. We can't thank you enough for immediately addressing the liens, and setting up a worked out a payment plan with the IRS!!! We now have been paying our taxes currently and we are for the first time up to date on our tax liabilities. .
Thanks for handling this "situation" for us. We relied on the wrong people to handle our payroll taxes, and they got us into a lot of trouble. We found out the hard way that it was OUR responsibility no one else's. Thanks again for working out the payment plan for us. Thanks again,.