If the IRS rejected your Offer in Compromise (OIC), you’re not alone—the IRS rejects a large portion of OIC applications. In fact, out of 30,163 OIC proposals in FY 2023, the IRS accepted only 12,711, representing approximately 42% of the proposals. This means the majority of offers are not approved on the first try. A […]
Blog
IRS Options for Tax Debt Under $50,000: Payment Plans & More
If you’re struggling with IRS tax debt under $50,000, you’re not alone—and the good news is that the IRS offers several tax debt resolution options to help. Owing a large tax balance can be stressful, but the IRS offers payment plans and other relief programs designed for individuals in your situation. In this article, we’ll […]
When Do I Need to Hire a Tax Attorney?
Tax issues can be extremely costly, with outstanding tax debt and building interest and penalties. In many cases, the last thing you want to think about is spending more money to hire someone to assist you, but some situations warrant working with a professional. A tax attorney can help you understand tax laws, your options […]
What If You Miss an Installment Agreement Payment?
Setting up an installment agreement with the IRS is one of the quickest, most effective ways to stay in good standing and get your balance paid off over time. However, sometimes, you might miss a payment and fear your agreement will be canceled or the IRS will come after you. If you’ve missed a payment […]
Do Tax Relief Companies Really Work? How to Avoid Rip-Offs
Avoid Tax Relief Scams—How to Find Real Tax Relief Few financial issues are as stressful as unpaid taxes. The IRS can seize your assets, revoke your passport, and leave you financially destitute. That’s why the tax relief industry has grown so rapidly over the last 30 to 40 years—promises to handle state and federal tax […]
