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If you're one of the millions of Americans who owe back taxes, you probably qualify for immediate tax relief. The IRS is actually accepting offers to pay a portion of the amount due in settlement.
Tax relief is available through what is called an Offer In Compromise. Basically, what you do is fill out some forms explaining how much you are able to pay to settle the delinquent tax bill and why you can only pay that amount.
The paperwork required to apply for an Offer In Compromise is rather complex, and filling it out incorrectly can lead to a rejection.
If you decide to take advantage of this temporary offer from the Internal Revenue Service, it is highly recommended that you consult a qualified tax attorney.
He/she will help you fill out the forms correctly and completely, giving you the best chance of having your offer accepted. A competent tax attorney will also be able to advise you on how to avoid getting into tax trouble again in the future.
Summary
Immediate tax relief is available from the IRS for a limited time in the form of an Offer In Compromise. You can fill out the paperwork yourself if you choose to do so, but you'll increase your chances of success if you hire an experienced tax attorney to help you. More information is available at www.irs.gov.
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