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I've heard a lot of commercials on the radio, and seen some TV ads as well, for groups that do settlements on taxes owed to the IRS. Generally these commercials present themselves as a bunch of ex-IRS employees and/or attorneys that know how to make the IRS settle the taxes due.
I'm curious if anyone has ever used one of these firms or tried this? I'm not likely to qualify for the insolvency on my credit card settlements, so I will probably have a big tax bill due this next April. I'm just trying to think ahead so want to know more about this, if anyone has something to share. |
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We have owed the IRS on several occasions, and they have worked with me with no problems. You didn't mention how much you may owe, that will be a consideration in working with them also.
I told them what I could pay and they agreed. In fact, they were alot better than the collection agencies I have worked with. I also have a friend that quite a number of years ago, went belly up in his business after his partner skipped out and owed a tremendous amount of taxes. After paying on them for quite some time-they negotiated with him and he got a lower balance, but he owed alot.When you get to the point where you owe them, just remember to make sure you can make the payments you agre to pay them...karen __________________
As long as you are alive, there's always hope |
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I'm not exactly sure, but I end up settling all my CC debt this tax year, it could be something like $25-30k... maybe. And I'm not sure how I feel about trading CC debt for IRS debt, even though what I owe to the IRS will be a smaller figure. So I was hoping, after having seen commercials on the TV (and radio), that I could settle any tax debt too.
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