Are you in a situation where you can’t afford to pay the IRS? Here’s how to negotiate your tax debt the right way…

The main method for negotiating tax debt is to file an Offer in Compromise. Federal tax deposits for the current and past 2 quarters must be made before you apply.

An offer in compromise is the best way to settle tax debt for less than the entire amount owed.

It’s a good idea to consult with an expert when dealing with the IRS and tax debt. There are some situations where the IRS Taxpayer Advocate can be very helpful.

Tax resolution professionals are also helpful, as it’s their job to know taxpayer rights and IRS limitations. 

If you’re suffering from tax debt and want to settle, then consider getting on a free consultation call with a reputable firm.