Is the IRS willing to negotiate when it comes to back taxes?

On Behalf of | Aug 10, 2018 | Back Taxes or Tax Debt

When it comes to collecting taxes, the Internal Revenue Services just wants to get paid. This department is somewhat understanding that people may struggle to pay their taxes, but they will not let people get by without paying them forever. Connecticut residents who owe back taxes can help themselves and their situations by trying to work out a deal with the IRS.

Most people do not think that Uncle Sam would be open to negotiations when it comes to taxes. This is not necessarily true. While the government wants full payment as soon as possible, for those who are open and upfront about their struggles to pay taxes, the IRS may be understanding and even helpful.

Those who have fallen behind on paying their taxes may be able to work out an installment plan for either the full or partial amount owed. The IRS is going to be more accommodating to those individuals who are honest about their inability to meet their tax obligations. Negotiating an offer in compromise can be intimidating. Luckily, it is not something one has to do alone.

Connecticut residents who are struggling with back taxes can seek help from an experienced tax law attorney. One’s legal counsel can do the heavy lifting, so to speak, when it comes to negotiating with the IRS about installment agreements or tax debt settlements. While there are no guarantees that the Internal Revenue Service will be willing to budge, having an attorney with experience negotiating with the IRS can certainly help one’s case.

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