by jerry.chyo@gmail.com | Nov 16, 2023 | Tax Problems
Communicating with the Internal Revenue Service (IRS) is not for the faint of heart. They don’t negotiate in the sense you normally think of negotiating and dealing with them can be daunting, especially as penalties and interest accrue. This keeps adding stress to...
by jerry.chyo@gmail.com | Nov 9, 2023 | Tax Problems
Dealing with a large tax debt is a terrible thing. You lose sleep. You struggle to find motivation. As cheesy as it sounds, food even loses its flavor (hmmm bad pun sorry). Enter the IRS Fresh Start programs Currently Not Collectible status. Nothing about...
by jerry.chyo@gmail.com | Oct 31, 2023 | Tax Problems
Tax debt sucks. This is an irrefutable truth. If you have a lot of tax debt, this program may be your savior! If you have the ability to pay your tax debt back over time, then the 72 month installment agreement will be exactly what you need. How do...
by jerry.chyo@gmail.com | Oct 25, 2023 | Tax Problems
Believe it or not, if you owe the IRS less than $50,000, they consider this a “Small Tax Debt”. I know. That’s freaking crazy! I don’t know about you, but $50k is a lot of money. This is where the IRS Fresh Start program, and specifically their Offer In...
by jerry.chyo@gmail.com | Sep 5, 2023 | Tax Problems
The IRS Fresh Start program is a great way to deal with your tax problems. The IRS Fresh Start program was created because it has become “normal” for people all over the United States finding themselves overwhelmed with the burden of big tax debts. The Fresh Start...
by jerry.chyo@gmail.com | Aug 28, 2023 | Tax Problems
A Partial Pay Installment Agreement can be your way out of Tax Hell! Owing huge sums of taxes to the IRS can be a challenging time in life, especially when this huge tax burden seems insurmountable. Using a Partial Pay Installment Agreement can reduce that burden. The...