Learn About Repaying Your Back Taxes to the IRS:
While this may grant you temporary relief to pay more important bills – like your rent, electric bill, and grocery bill – eventually, your tax debt will become a bigger problem.
When it does, all the IRS wants to do is collect and they will do everything and anything they can to do so, without regard to whether or not you can afford to support yourself or your family after you satisfy your tax debt. The IRS can significantly impact your finances if you owe them, such as:- placing tax levies against you
- seizing your assets
- garnishing your wages
- Installment Agreement Program: This allows you to negotiate monthly payments to the IRS until your back taxes have been paid off
- Offer In Compromise: Allows you to pay a portion of your tax debt and have the rest forgiven
However, when you have a qualified attorney at your side, the chances that your debt can be resolved positively increase.
Our goal is to assist you in handling your tax debt in a way that works for you and your family. Contact us today at (903) 581-9961 to set up an appointment for a consultation to discuss how we can help you live the debt-free life that you and your family deserve.