The IRS announced another expansion of its “Fresh Start” program by offering more
An Offer in Compromise is a formal agreement between a taxpayer and the IRS that settles the taxpayer’s debt for less than the full amount owed.
Direct Tax Relief can successfully negotiate with the IRS to have penalties removed from your account. The Internal Revenue Code allows penalties and the associated interest to be abated by the IRS, if the taxpayer can show reasonable cause.
One of the main functions of the IRS is to assess and collect all federal income taxes due. The IRS has substantial authority and power that was given to it by Congress to carry out its goals.
Page 8 of 11