IRS problems can feel insurmountable, but solutions exist. From payment plans to offers in compromise, learn how to resolve tax debt.
Expert information to help you understand your rights and options
The IRS has powerful collection tools—wage garnishment, bank levies, and property liens—but also offers programs for taxpayers who cannot pay. Understand your options including payment plans, offers in compromise, penalty abatement, and how to navigate audits and appeals.
IRS tax liens attach to all your property and damage your credit, while levies actually seize bank accounts and wages. Learn the difference between liens and levies, how to prevent them, release procedures, and options for resolving the underlying tax debt that triggered collection actions.
IRS penalties can add 25% or more to your tax bill, but many penalties can be removed with proper requests. First-time penalty abatement is available to compliant taxpayers, while reasonable cause abatement requires documenting circumstances beyond your control. Learn how to request relief.
The IRS offers several payment plan options for taxpayers who owe but cannot pay immediately. Learn about short-term extensions, streamlined installment agreements for debts under $50,000, and non-streamlined plans for larger amounts—including how to apply and what payments to expect.
An Offer in Compromise lets qualified taxpayers settle their entire tax debt for a fraction of the balance—sometimes pennies on the dollar. Learn the three OIC types, eligibility requirements, how the IRS calculates acceptable offers, and why most applications get rejected initially.