Owe Money To the IRS? Most People Don’t Realize You Can Do This 

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Tax law is confusing, to say the least. It’s all the more complicated if you’re a business owner, 1099 worker, or have multiple jobs. All too often, hard-working people are surprised to find out they owe the IRS a big sum of money. It happens to millions of Americans every year.

Talk about intimidating. The IRS has tons of power — it can seize your home, empty your bank accounts and garnish your wages. So where does that leave you? You can take the financial hit and try to pay them back in full or pay them back over time, which comes with high interest rates and other expensive penalties.

But there’s a third, much better option, and most people don’t even realize it exists. It’s called tax resolution.  If you owe the IRS at least $10,000, a tax-resolution company called Tax Relief Advocates will negotiate directly with the IRS on your behalf — and it could settle your tax debts for much less than what you owe…Story continues…

By: Abigael Good

Source: Owe Money to the IRS? Most People Don’t Realize You Can Do This — Today | GOBankingRates

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