In today's world of financial hardship it would be a safe bet to say that just about anyone can get themselves into tax debt with the IRS if they are not careful about it. More often then not a lot of people will decide to ignore the notices that they recieve in the mail for a variety of reasons, but this is absolutely the worst thing that you can do when in this situation because it will only make the problem worse.
The IRS is notorious for having extremely aggressive debt collection tactics so there really is no way from getting away with not paying your taxes if you owe them money. Rest assured however, there are plenty of solutions out there that can help you with alleviating the burden of tax debt with your own unique financial situation as long as you stick to the plan that is laid out for you.
The first solution in IRS debt relief is to get in touch with the IRS and attempt to get an installment agreement in motion. An installment agreement is where you both agree on a manageable monthly payment plan for paying off the tax debt that you owe them. There is a similar solution refered to as a partial payment installment agreement where you settle on a long term payment plan to pay off the IRS at a reduced dollar rate if you qualify for it. Another solution is to get into a program called an offer in compromise where you are given the ability to settle up your tax debt for less than what you owe the IRS. This will require to you make a lump sum payment or a short term monthly payment plan in order to pay off the IRS at a reduced rate. If you are experiencing a real financial hardship you can attempt to opt for a Not Currently Collectible program where the IRS will agree to not collect on your tax debt for about a year in order for you to get your finances back in order. The last resort is file for bankrutpcy, but for obvious reasons this solution will only work if you happen to be in an extremely poor financial situation with no other way to go but up.
When it comes down to it, there are only a handful of proven ways for getting yourself out from under the hold of IRS tax debt. Our website provides you with a free service that empowers individuals such as yourself to take charge of your finances in the best possible way for your own unique financial situation. We will help guide you into the right IRS debt relief program that will put you on track to pay down your IRS debt as soon as you possibly can, without having to deal with the burden of their aggressive debt collection tactics. Simply fill out our little form and we will be in touch with you immediately to help you get started on the road to financial freedom today.