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Title : How To Resolve IRS Back Taxes
link : How To Resolve IRS Back Taxes

How To Resolve IRS Back Taxes

The fastest way to resolve your Internal Revenue Service (IRS) back taxes is to pay them in full. You will need to include any interest or penalties that have accrued on the IRS back taxes since they were originally assessed. These can add up quickly and account for thousands of dollars in IRS back taxes. However, most taxpayers do not have the available funds to fully repay their taxes and must resolve their debt through one of the IRS's settlement programs.

If you can afford to pay all of your IRS back taxes, but not in one lump sum payment, then you should consider an Installment Agreement (IA) with the IRS. An IA is a monthly payment plan to the IRS based upon how much you owe and how much you can afford to pay. However, the IRS is only willing to enter into an IA once a taxpayer has filed all of his or her necessary federal income tax returns. Therefore before attempting to get an IA you should make sure all of your tax returns from previous years are files.

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