Irs Tax Debt Relief Program

The IRS offers several tax debt relief programs for individuals

and businesses that are unable to pay their taxes in full. These

programs include: Installment Agreement: Allows

taxpayers to make monthly payments towards their tax debt.

Offer in Compromise: Allows taxpayers to settle their tax debt for less than the full amount owed.

Currently Not Collectible: Temporarily postpones collection action on a taxpayer's account.

Partial Payment Installment Agreement: Allows taxpayers to make monthly payments

towards their tax debt, while the IRS continues to collect unpaid taxes through wage garnishment or bank levies.