Tax Relief Blog
Category:
Currently Not Collectible
Do I really qualify for the IRS OIC, CNC, PPIA, IA or Penalty Abatement
Feb 9, 2015 by
What makes choosing a tax resolution company so difficult? I think it's all of the different promises, guarantees and options you hear about on the T.V., radio, online and from salesmen over the phone. I've seen a commercial that said IRS tax debts can be settled for 10% of the total amount owed. A radio ad I recently heard stated that new government programs are available to lower tax debts substantially and if I owe $10,000 or more I could qualify.
The problem with this is that the IRS d...
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Why get a resolution before requesting penalty abatement
Oct 6, 2014 by
When you're requesting the removal of IRS penalties, there are a few things that you should do beforehand. The first priority when resolving and reducing your IRS tax debt is gaining compliance. It's a good idea to be in tax compliance before you request the removal of penalties. The IRS likes to see that the problem that caused you to fall out of tax compliance and accrue the penalty has been fixed. It is difficult to sell the IRS a reasonable cause abatement request when you are still n...