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These companies often don’t take tax cases if the taxpayer owes less than $10,000. Payment typically is made in the form of flat fees or percentages of negotiated amounts.
Tax debt relief is a way the government helps you when you can’t afford to pay your tax bill. This comes in the form of a payment plan or a settlement in which the IRS agrees to settle your tax ...
What is a "fresh start" when it comes to tax debt? It isn't as easy to get as high-priced tax relief outfits or "offer in compromise mills" suggest.
The IRS regards a tax shelter as abusive if it has no legitimate business purpose or genuine economic substance, in contrast to real loans, with money at risk, or real investments. According to Makov, although BLIPS were created on paper to look like seven-year investments, they involved neither real loans nor real investment components.
Fortress Tax Relief offers many resolution services for IRS tax debt or back tax issues and is great for cases involving large amounts of tax debt. If you call in, Fortress offers a free consultation.
When you use a debt settlement service, instead of paying your monthly bills, you will put money in an escrow account that the settlement company manages. The company will then use the money in ...
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