Statistics show that the average family's income is only half of what their debt amounts to. This debt can sometimes include those owing from taxes. This is because either the taxes weren't filed, or they were done incorrectly. Then the penalties on top of this can make the amount a lot more than what it would have been. This debt can make life miserable and it might be about time that something is done about it. If you aren't sure what options are available, well you can always apply for a settlement agreement with the IRS.
You can do this by yourself or with the help of an agency or lawyer. You will need to have proof that you are not earning enough to pay the whole bill, and in some cases, any of it. It is a good idea to be honest and accurate as it will affect how your application is processed if they find any undisclosed income or other information that is of relevance. Also, if you make them a fair offer, there is a better chance of being approved for the settlement.
If you want to find more information, you can check the government websites, the IRS website, and financial agency sites as well. Be careful of the people who will try to sell you information, subscriptions or e-books. Due to the nature of these processes, the information should be completely free without any obligations or disclosure of personal information. Only if you are consulting an agent or lawyer, will there be any fees. Some will even do this for free!
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