subject: The Taxpayer, the IRS, and Tax Debt - IRS Debt Relief [print this page] If your financial state of affairs shows critical hardship, chances are you'll be able to obtain IRS debt relief via an offer in compromise, which is basically a method to resolve your obligation for less than the full amount. Offers in compromise are settled by the IRS on a case-by-case basis, yet, it's in your best interest to seek the advice of an legal professional, a CPA, or an enrolled agent before attempting an offer in compromise for IRS debt relief.
As you can appreciate, it definitely is viable to seek IRS debt relief when you understand your options. Understand that it's always important to file your taxes, even when you discover you cannot pay them than it will be not to file. If you happen to follow the above advice, then IRS debt relief is within your grasp.
The Taxpayer, the IRS, and Tax Debt - IRS Debt Relief
