taxes Archives

Offer in Compromise: IRS Debt Settlement

If you can’t pay back tax debt due to financial hardship, an Offer in Compromise (OIC) allows you to reduce debt in a way that won’t hurt your outlook.

9 minute read

heavy tax burden and a man on a seesaw (illustrated)

taxes

What is Tax Debt?

If you know how tax debt is incurred, you can avoid it.

7 minute read

Don't let IRS tax collection hold you back

taxes

Understanding the IRS Collections Process

If you’re facing collections from the IRS, we’ll explain how the process works so you can either avoid collection or find a way to handle it smartly.

4 minute read

a tiny person with a "CNC bill" parachute, is held aloft by a giant person creating wind by blowing (illustrated)

debt collections

Qualifying for Currently Not Collectible (CNC)

If you’re struggling to cover basic living expenses, qualifying for CNC status can help you avoid being hounded by the IRS to collect unpaid tax debt.

9 minute read

taxes

IRS Installment Agreement: Setting Up a Tax Payment Plan

You can pay off your tax debt with monthly payments, like most other bills. You may even be able to pay less than you owe with an installment agreement.

8 minute read