Negotiating with the IRS: How to Settle Your Tax Debt
Unpaid taxes may be a big source of worry and concern knowing that you have choices for settling the problem is crucial. One option is to negotiate a debt settlement with the IRS. The process of negotiating with the IRS and tax debt settlement is explained in detail. Step 1: Review Your Tax Returns If you have unfiled returns, file them before beginning negotiations. The IRS will not consider a settlement offer if you have unfiled tax returns. Step 2: Gather Information on Your Financial Situation You'll need to submit a complete picture of your financial status to bargain with...