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58

How IRS Levies Work

An IRS levy is a nightmare scenario for anyone unlucky enough to have one. A levy is a nice way of saying a wage garnishment. When the IRS has decided that they have no other choice, they will attempt to...

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59

Common Offer In Compromise Problems.

An offer in compromise is an honest to goodness method of settling your tax debt with the IRS. However, many people who are sure that they will qualify for such a settlement do not. It is incredibly difficult...

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Advantages and Disadvantages of an OIC

A resolution to think about if you want to handle your IRS issues is an Offer in Compromise (OIC). Pros An OIC allows you to start over An OIC is a contract with the IRS to forgive the rest of your back taxes...

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