The IRS is managing more than $150 billion in back taxes this year. Many taxpayers are turning to the IRS Offer in Compromise to settle tax debt for less than they owe. Approval depends on your ...

New IRS data shows one in five Offer in Compromise submissions were approved, highlighting the strict financial ...

When people talk about settling with the IRS, they’re usually referring to the Offer in Compromise program — a legitimate, federally administered path that allows qualifying taxpayers to resolve their ...

Confused about tax relief? Learn what tax relief means, how IRS programs work and what options may help reduce or manage your tax bill.

Logan Allec, CPA is the founder, owner and president of tax relief services company Choice Tax Relief, which serves clients nationwide. Every day, my staff and I interact with business owners burdened ...

Self-employed individuals face unique tax challenges, including quarterly estimated payments and self-employment taxes. Tax relief for freelancers includes IRS programs like penalty abatement, payment ...

Offer in Compromise has become the most heavily marketed IRS relief option in the Chicago suburbs. From Naperville to Schaumburg to Orland Park, many taxpayers are led to believe it is the only way to ...