The IRS has a debt settlement program called an Offer-In-Compromise. It can be used by individuals and by businesses, such as restaurants, Airbnb owners, and professional service firms who owe the Internal Revenue Service more money than they can afford to pay can use this tax resolution tool to lower their debt. The IRS accepts offers-in-compromise to taxpayers to give them a “fresh start” without their tax Read More
Remove a Tax Lien from Your Credit Report
An IRS tax lien does not need to ruin your credit score forever. It is possible to have it removed so that you can qualify for a business loan or to allow you to qualify for financing for that new house you have been wanting to purchase. If a tax liability is not paid, the IRS will send a notice of the amount due and a demand that it be paid. If it is not paid, a tax lien is automatically created by law. To Read More