income tax problems Latest News

According to the IRS Data Book, the number of taxpayers with delinquent accounts is expected to reach 10.5 million in 2010, up from 7 million in 2006.

Many taxpayers, individuals and business owners, are in overwhelm because they owe Uncle Sam; the tax debt quickly escalates as interest and penalties are assessed

Few are aware of the several options available to settle back tax debt owed to the IRS

When taxpayers have little to no hope of paying their income tax liability in full the IRS has the authority to “compromise”