getting out of debt with the irs.

[Jordan Richter]

so a member of my family has racked up a pretty good sized debt with the irs. i believe they got way behind on paying taxes for employees from their business. they cant afford to pay it off and the debt just keeps getting bigger and bigger. theyve pretty much just given up on ever getting it paid off. the irs keeps taking money out of their bank account and pay checks. what i want is some information on how they could ever get it paid off. ive never had that kind of debt or any kind of debt that was over my head. so this is all new to me. any info would be much appreciated.

[Richard Warren]

They need a tax professional that has experience dealing with the IRS. What they need is to go for an Offer in Compromise. If they can demonstrate a true hardship they can get the IRS to accept less. It needs to be a real hardship, having no cash but plenty of assets won't do it, the IRS will just take the assets. With an obligation that large professional help is definitely worth the price.

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