IRS debt is nothing to be taken lightly. The fact is that it can seriously impact your life in negative ways if you do not take action to do something about it. However, many American’s are so far in debt, they are unable to find a way out. They continue to dig their whole deeper. When it comes to tax debt, a bankruptcy will not help. You have to find a way to either pay what you owe, or negotiate the balance down with the IRS.
Sound intimidating? It can be. Remember, first and foremost IRS personnel are bill collectors. Therefore, when you call for help they will be trying to do everything possible to collect the money that is owed. This can be bad news for the average consumer.
Calling Be Free Financial can provide you the support and help needed to reduce your tax debt, as well as the other unsecured debt you have. They will talk with the IRS on your behalf to determine you best plan of action. With new laws in place, you may be eligible for an Offer in Compromise, which is when you offer the IRS a smaller amount for the money that you owe. However, tax laws and regulations can be difficult to understand; therefore you need a professional service on your side that knows the ins and outs of handling these situations.
In some cases, you may be able to arrange payments on your IRS debt and consolidate or settle your other debt. This can also be a method to regain control of your finances.
Once you call Be Free Financial you can discuss your options and have your financial situation evaluated to help determine a plan of action. There are no easy answers when it comes to debt, especially IRS debt. However, having a team on your side that understands the process of reducing or eliminating IRS debt will provide you with the ability to once again find financial freedom.