IRS TAX DEBT – OFFER IN COMPROMISE / PAYMENT PLANS
Taxpayers are often unable to pay the Internal Revenue Service (IRS) what is owed at the time when their taxes are due. If the taxpayer is able to pay the tax liability in full the IRS will enter into an installment agreement for the amount that is owed. For those taxpayers that are unable to pay the tax liability in full to the IRS they may qualify for a settlement agreement known as an Offer In Compromise (OIC) whereby the IRS will settle the tax debt for less than the full amount owed. Failure to pay income taxes when they are due may result in an federal tax lien and/or levy action. If you have past due income taxes that are owed to the IRS and you cannot afford to pay them then please call Brian M. Rokaw, P.A. to schedule a free no obligation consultation – (305) 722-5888.