Latest Tax News


What is a tax installment plan and, how much do I pay?

A tax installment plan is an agreement between the IRS and a person who owes tax debt to the IRS to repay the said tax debt within a time period. The installment plan must be paid in full by the taxpayer within the time period agreed by both the IRS and the taxpayer to clear


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What is Offer in Compromise (OIC) or Fresh Start Program?

In Tax relief, The Offer in Compromise program, in the United States, is an Internal Revenue Service program under which allows qualified individuals with an unpaid tax debt to negotiate a settled amount that is less than the total owed to clear the debt. So it allows you to make an offer in compromise allows


IRS is a really shameful Grinch!

Picture this: It’s December 15, you are prepping for the holidays, getting some last minute shopping done and talking to relatives about who is going to be where. All is well. Sure you have some issues with the IRS but now is not the time to think about that. You will deal with it in