Many people run into financial trouble as a result of losing their job. Other have gone through a series of medical procedures that caused their financial status to deteriorate rapidly. All reasons are easy to understand, but quite often the government shows no compassion whatsoever. All in all, they still want you to pay your taxes.
However, while the government demands everybody to pay their taxes, they are also eager to provide various types of tax help for those forced to deal with their payments. Fortunately, there is still hope. In this article we will cover some basic answers to the question how to get tax help when you are in trouble with your debts.
Not so long ago the IRS started a few new programs that are intended to provide assistance to both individuals and business owners to solve their IRS tax debt issues. One of them is the so called Monthly Payment Agreement. It works like this – if you are earning any kind of income you can make small monthly payments until you financial obligations are resolved.
There is also a Partial Payment Agreement solution. It is available for those without a regular source of income. Here the government actually agrees to accept even smaller monthly payments over an extended period of time.
Finally, you can resort to Tax Negotiation. This option, and the one I used in the past, is based on turning to a trained professional who has experience in negotiating a smaller payment. In some cases such attorneys of companies are able to reduce the owned payment by tens of thousands of dollars. If you are wondering how to get tax help fast, then these experts will solve your problems and get the IRS off your back.