IRS Debt Relief

Florence Residents Need IRS Debt Relief

IRS Debt ReliefTax season begins in January, and can be a stressful time for everyone. If you filed your taxes and found that you owed money to the government, you could be even more stressed out than usual. Worse, if you do not have the money you owe, you may flounder to know how to proceed.

Unfortunately, some people in these situations simply do not pay their taxes, and that can get them into trouble with the IRS in the long run. If you have any IRS Debt, you should know that the Internal Revenue Service has options for negotiating to pay your tax debts.

Possible Compromises on IRS Debt for South Carolina Residents

If you do not have enough extra income to pay your IRS debt, you are not alone. Here are a few possible scenarios that you can use to negotiate with the IRS to receive some debt relief:
· Doubt regarding liability: do you actually owe that much money during tax season? If you believe you do not, you should speak with an IRS debt attorney immediately to figure out the best way to negotiate how much you owe to the IRS.

· Double as to collectability: if you simply do not have enough money to pay your tax burden, and it is unlikely you will in the future, then the IRS will negotiate temporary or permanent debt relief. However, the process can be complicated, so consider speaking with an IRS debt attorney to understand the negotiation process better.

· Effective Tax Administration: this statute is used most often when a tax payer has suffered a long-term illness, permanent disability, or other severe hardship that has changed their financial status so much they are unable to pay their tax burden in any way and cover basic survival needs like food and shelter at the same time.

I Have Too Much IRS Debt, Help!

If you began the tax filing process and you discovered that you have a large amount of IRS debt, you may worry that you will be unable to repay the money. The IRS will not automatically begin negotiations with you, because they would like their money all at once. They could even begin seizing property or taking money out of your pay check until the tax burden is repaid. However, you have many rights in this process, so contact an IRS debt relief attorney for assistance as soon as possible. The Strom Law Firm offers free, confidential consultations regarding your IRS debt, so contact us today. 803.252.4800

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