The answer is that you can negotiate with the IRS. However, you will probably not like the outcome of it.
There are several ways to negotiate with the IRS. The first way is called “Offers in Comprise.” This is where you will more less negotiate a payment plan with the IRS. It is important to note that most offers in compromise are rejected the first time. You will need to tax lawyer who will be able to negotiate an agreement on your behalf for the IRS. If you attempt to work out an agreement with the IRS yourself you will probably fail.
Many people who seek to negotiate with the IRS regarding their taxes once had a very good job and were making very good income. While they are making a very good income they let their taxes go because of lack of time or maybe they ended in the hospital for a long period of time. Then something happened and their income changed so that they were only making a fraction of what they once were. Then all of the sudden the IRS sends them a tax bill that they can no longer afford to pay.
Without a doubt, the IRS Is willing to work with people in your situations. The worst that can really happen is that you will be forced to file for bankruptcy in order to help cancel your tax debts.
If you are in a situation where you cannot afford to pay off your tax debts you really need to talk to a tax attorney who can help you sort out your tax situation. Sure, you can look for information on the internet and you can find answers that you are looking for. However, a tax attorney is going to know for more than what you are going to be able to find online. They also are going to be able to know details that relate directly to your situation and help you from that point on.
Many people worry how they will be able to afford a Tulsa tax attorney if they cannot even afford to pay their taxes. If anything hiring an attorney will most likely enable you to lower your tax burden. Most attorneys will be able to work out a payment plan with you if they think that they can truly make a difference in your tax situation.
If you are seeking a local Tax Attorney we advise you to come by the Hanson & Hanson Law Office or give us a call at (918) 409-0634.