Is It Possible To Get Relief From Irs Debt Without Hiring An Expensive Firm? Can It Be Done By The Individual?
2001 taxes not paid. X wife did not file. H&R Block processed taxes. X wife did not send them in. During this time was having bladder and prostate removed due to cancer. Taxes were the last thing on my mind. Have in the mean time, divorced, the then wife and am strapped with $40K worth of IRS debt. Interest is compounding. How in a lifetime could anyone ever pay this debt off? Do I have to refinance my house to eliminate this debt? Can I fight this on my own without the help of any firm that charges no less than $3K and can give no guarantees? Will be glad to send a letter to my Congressman, State Representative, etc. for any advice they can give. Any suggestions?
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Filed under: Irs Debt Help
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It is possible to negotiate with the government to get your tax debt reduced. I suspect this will only happen if it is realistic to expect that the debt won’t be paid at all otherwise. A personal accountant could probably help for under $1K.