Archive for April 12, 2013
During the Civil War, someone earning between $600 and $10,000 annually paid a 3 percent rate of tax. Years later in 1913, the 16th Amendment made the income tax a permanent fixture in the tax system of the United States. Whether you are looking for back tax relief, IRS garnishment help, or need to remove tax lien penalties, it is important that you find an expert to help with back taxes so that you can get these issues settled as quickly as possible. Tax relief help is especially important if you are filing an offer of compromise based on theories of doubt.
ETA offers require that a taxpayer is ineligible for an offer of compromise due to Doubt as to Collectability or Doubt as to Liability. Doubt as to collectability means a taxpayer will not be able to ever fully pay their tax bill. In July of 2006, the IRS made changes to the Offer in Compromise program that required a 20 percent payment upfront as well as $150 submitted with a cash Offer of Compromise.
No matter which specific type of tax debt relief you want to find, it is important that you look for a trained professional. Be certain to find a provider of tax debt relief that is well trained and you will have the ability to get helpful advice for all of your tax issues. Tax problems should never prevent you from living a comfortable life, so look carefully for the tax debt relief you require.
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