A question was asked from my client during his “Tax Debt Settlement Evaluation” since my tax debt is larger than I can pay at one time, what are my options?
You have the following options; sign an Installment Agreement with the IRS to pay your taxes over 6 years. You can possibly qualify to reduce your tax liability through an “Offer in Compromise”. You can qualify for your tax debt to be classified as “Currently Not Collectible”. You can file a bankruptcy petition and possibly eliminate your entire tax debt.
Please call me at 610-353-1031 or contact me at https://newtownsquaretaxservice.com/category/contact-us to set up your “Tax Debt Settlement Evaluation”.
I’d like to invite you to a free educational webinar being hosted on Thursday, July 9, 2015 at 7 pm. The webinar demystifies the process of working out your tax liabilities with the IRS. Please visit taxreductionsjv.com to register.
Warmly,
Stephen Venuti
610-353-0686
Stephen J. Venuti, CPA, MST, LLC
