QUESTION
Does the irs ever settle? I owe 56,000 in back taxes and penalties and I have a chance to borrow.. Will they settle for less?
Asked on Jun 21st, 2016 on Taxation - Arizona
1 ANSWER
Adverse Possession Attorney serving Phoenix, AZ
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Franklin D. "Troy" Dodge
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Generally speaking and assuming no other issues, the IRS will generally consider offers in compromise and installment payment plans.
Answered on Jul 11th, 2016 at 12:36 PM