The IRS is managing more than $150 billion in back taxes this year. Many taxpayers are turning to the IRS Offer in Compromise to settle tax debt for less than they owe. Approval depends on your ...

When people talk about settling with the IRS, they’re usually referring to the Offer in Compromise program — a legitimate, federally administered path that allows qualifying taxpayers to resolve their ...

The courts reviewed the position that taxpayers who are in bankruptcy and cannot afford to pay their tax bill can use the offer-in-compromise procedure to reduce the amount of the bill. Charles ...

Tax season might be behind us, but for millions of Americans, the stress of unpaid tax bills still lingers. But whether it's due to an issue with unexpected income, a missed payment to the Internal ...

CLEVELAND — The 2025 IRS “Dirty Dozen” scam report warns taxpayers that scammers continue to target people who are trying to settle their debts with the agency. During tax season, scammers have ...

Question: I have built up multiple years of tax debt and have been living in fear of liens and garnishments. Are the television ads true? Is there a way I can make a deal for a lesser amount so I can ...

Can You Negotiate IRS Debt Without an Offer in Compromise? Naperville, United States - February 1, 2026 / Taxx ...

Taxpayers unable to pay their income tax liability may make an offer in compromise under IRC section 7122 to settle the tax bill. Such an offer can, however, have a negative impact on other rights ...