Tax Debt Resources | American Tax Settlement

TAX DEBT

Resources

There are different types of tax relief including tax deductions, tax credits, and tax forgiveness. In essence, tax relief consists of IRS programs that were designed to reduce one’s tax bill.

 

Offer in Compromise

Offer in Compromise is a negotiation between the IRS and an individual who struggles to pay their tax liability in full or will experience financial hardship in doing so. This is also a legitimate method to settle tax delinquencies for a reduced amount. There are certain factors to consider such as income, ability to pay, and asset equity.

You must make the required tax returns and estimated payments plus an application to ensure eligibility. You will also be asked to complete Form 433-A for individuals or Form 433-B for businesses and Form 656 in addition to the required documents.

 

How to Get Tax
Relief?

If you’re in a bind because you owe on taxes due to the IRS, there are certain ways to obtain tax relief. Here are some of the most popular methods to considerr

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The IRS uses asset seizure

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Our goal is to reduce our clients tax debts

Health beneifits of this Pollen Variety – Muntingia calabura, also known as Jamaican cherry or strawberry tree, is a small tree or shrub native to tropical regions. Its fruit is edible and has a sweet and tangy flavor

Read More
Card image

Our goal is to reduce our clients tax debts

Health beneifits of this Pollen Variety – Muntingia calabura, also known as Jamaican cherry or strawberry tree, is a small tree or shrub native to tropical regions. Its fruit is edible and has a sweet and tangy flavor

Read More
Card image

Our goal is to reduce our clients tax debts

Health beneifits of this Pollen Variety – Muntingia calabura, also known as Jamaican cherry or strawberry tree, is a small tree or shrub native to tropical regions. Its fruit is edible and has a sweet and tangy flavor

Read More

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Head Office

240 N EAST PROMONTORY, STE 200
FARMINGTON, UT 84025

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