Erase Tax Debts Fast With Attorney's Secret Method
Understanding Tax Debt Resolution
Tax debt resolution involves negotiating with tax authorities to reduce the amount owed or to agree on a payment plan that is manageable for the debtor. Attorneys specializing in tax law use various techniques, such as offers in compromise, installment agreements, and penalty abatement, to achieve favorable outcomes for their clients. An offer in compromise, for instance, allows taxpayers to settle their tax debt for less than the full amount owed if they can demonstrate an inability to pay1.