“There are three that are fairly common to reduce the amount of money owed to the IRS: Offer in Compromise, Penalty Abatement, and Interest Abatement. Instant Tax Solutions reviews each client situation and offers them an honest opinion about which, if any, method is applicable to their case.”
The IRS Offer in Compromise (IRS Form 656) and an IRS Penalty Abatement can both reduce what you owe. Getting IRS interest remove is very rare, as they admit in their own article, so why call it “common”? This article confuses more than it explains. If you owe personal income tax to the IRS, you have three options to address it. (The possibility to reduce exists in every option).
1. IRS Installment Agreement
2. IRS Offer in Compromise
3. Partial Payment Installment Agreement
I had to create this article because the original article is spammed for marketing reasons.
If you know you need to take action, read my article “IF” you should hire IRS back tax help. (You should not automatically.) Titled “Owe IRS back taxes? When, who, and how do I hire IRS back tax help?” before you do anything else.
As usual, If you like the tone of this writing, I would like to compete for your business. Contact irs back tax help. Before you email me, please click on and read “About irs back tax help.”
I Owe the IRS Taxes and Need Information 