Question: We just filed our 2025 tax returns and we owe the IRS $7,500 that we do not have. Can we make a deal with the IRS to pay them off over time? Answer: A guaranteed installment agreement is ...

Understanding offer in compromise . An offer in compromise is an agreement with the IRS to pay your tax debt for less than ...

An IRS Installment Agreement is a formal arrangement that enables taxpayers to settle their tax debt over a specified period. This option is tailored for those who do not qualify for debt forgiveness ...

If you have back taxes, you can negotiate several options with the IRS, such as an offer in compromise and installment agreements. While back taxes can be daunting, understanding your options can ease ...

Community Tax helps individuals and businesses resolve tax issues with the IRS and state tax authorities, offering services like installment agreements and Offers in Compromise.