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5 options for addressing back taxes with the IRS
- #1: File for Currently Not Collectible (CNC) status If you simply don’t have the means to pay what you owe, Currently Not Collectible (CNC) status is what you need to file. ...
- #2: Set up an Installment Agreement (IA) ...
- #3: Make an Offer in Compromise (OIC) ...
- #4: Ask for Penalty Abatement ...
- #5: If you’re an “Innocent Spouse” you qualify for full forgiveness ...
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WEB18. Apr. 2024 · Learn about five tax relief options for people who need help with federal tax bills, back taxes, penalties and more. Compare IRS …
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