Installment Agreement Archives - Page 2 of 3 - FREE Yourself from IRS Problems

Shamsey Oloko November 3, 2016 Collection Activities, Installment Agreement, Offer-In-Compromise 0

IRS Payment Arrangements Part 1: Introduction

This is the first part of a multiple part series on IRS payment arrangements. This blog will discuss some general points of IRS payment arrangements while future blogs will deal with their individual details. Individuals whot cannot pay their tax…

Shamsey Oloko October 18, 2016 Civil Liabilities, Civil Penalties, Delinquent Taxes, Installment Agreement, Tax Attorneys, THORGOOD Law Firm 0

The “What Ifs” for Struggling Taxpayers

Many of life’s events such as losing a job, foreclosure of a home or even forgiveness of a debt impact the payment of taxes. The tax law offers hope in these situations. As an example, if a taxpayer’s income decreases,…

Shamsey Oloko August 26, 2016 Collection Activities, Installment Agreement 0

How Long Do I Have To Pay An Offer-In-Compromise?

Taxpayers that qualify may take advantage of the federal “Offer in Compromise” program to resolve and settle their tax problems. The Offer in Compromise (“OIC”) program is not for every taxpayer and the IRS advises that taxpayers explore all other…