If you feel like you are sinking in a mire of debt and can't seem to find any help, you are one of the many. It could be loan payments, credit cards, children's education, and a mess of other expenses adding up. The last thing that you need is to find out that you owe back taxes plus the penalties that they tacked onto them.
Well, the quicker that you make a move once you find out that you owe money, the better. Then there will be fewer penalties to contest, and the IRS will know that you are serious about your case. Just imagine what is going on in their minds when they see a case where an individual has tried to avoid these payments rather than coming forward. They might pass them over rather quickly.
In filling out the application and making them an offer, be honest about your situation. They can figure out if you are telling the truth or not. Lying is a good way of getting into more trouble down the road. You might hear people bragging about what they got away with, but they may be talking a little too fast. The IRS could still come after them.
Consulting an agency is a good way to get advice for a small fee, but you can also find tips over the internet on various websites for free. Do some thorough research on the approach that you would like to take before acting, but make progress in a timely manner for your own sake.
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