subject: What Tax Debt Relief Covers [print this page] Recent problems in the economy have caused people to lose their jobs, homes, and more. With a severely damaged income, you may also find yourself unable to pay your taxes. In some cases, you may have even avoided filing a tax return because you were afraid you could not afford to pay.
Unfortunately, few people are able to avoid their tax debts forever. When the Internal Revenue Service discovers that you owe money for back taxes, it will inevitably do whatever it can to collect the debt. The IRS will also add late fees and interest to your debt, thus making it even harder for you to afford the payment.
If you find yourself in debt to the IRS, there is something you can do to get your life back: apply for tax debt relief. The IRS is sometimes willing to negotiate with debtors to lower their balances, forgive late fees and interest, or set up a payment plan. Tax debt relief is available for taxpayers who filed a return but did not pay their debt, never filed a return, or filed a late return. The IRS will be most willing to negotiate with you if you can show evidence of extenuating circumstances, such as a sudden or chronic illness, a natural disaster or the loss of your job. In some cases, you may even qualify to have the majority of your debt forgiven through a process known as offer in compromise.
If you are burdened by tax debt and you want to apply for relief from the IRS, you may benefit from hiring a professional service, such as CreditNowUSA, to help you. CreditNowUSA has already helped thousands of taxpayers lower their tax debt, obtain tax forgiveness, and set up payment plans. The experts at CreditNowUSA have years of experience negotiating with the IRS, so they will know how best to handle your case. To learn more about the tax debt relief services CreditNowUSA offers, visit CreditNowUSA.com for more information. You can also apply for a free consultation by completing the easy online application.
For more information, go to Tax Debt Relief at http://www.creditnowusa.com/Tax-Debt-Relief
