Settle your tax debt for less than you owe!

Do you owe Uncle Sam taxes for 2016, prior years, or a combination of both?

Well, under some conditions the IRS may let you settle your debts for less than you owe. Nice!

This is made possible thanks to the IRS’s “offer in compromise” program.

Want to learn more about how to get Uncle Sam to show you some mercy?

Easy! Read my new article titled Tax Tips: Yes, You Can Settle Your IRS Tax Debts for Less Than You Owe!

Three ways our fact-filled article can help you:

1. We’ll tell you what it takes to qualify for a compromise. For starters, you’ll have to show that you don’t have sufficient assets and/or income to pay your tax debts in full. The IRS is interested in determining how much you can actually pay so they calculate your “reasonable collection potential” by evaluating four key factors. We’ll tell you what they are when you read the full article.
2. We’ll explain what the IRS expects you to fork over. You’ll have to pay the value of your assets (less any debts secured by those assets). The good news is that five classes of assets are exempt from what Uncle Sam considers to be your reasonable collection potential. You’ll learn what the five classes are when you read the full article.
3. We’ll explain how to calculate the settlement amount. The settlement amount depends on how you choose to pay it. You can make a lump sum offer or a periodic payment offer. Which one is right for you? You’ll find out when you read the full article.