Legal Question in Tax Law in California

I owe over $20,000 to the IRS. I can not afford to pay this off and installment agreements would take years to pay off. Should I get an attorney?

Asked on 7/26/10, 12:15 pm

2 Answers from Attorneys

Mark Muntean Mark Muntean, Attorney at Law
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Yes. You might consider an offer in compromise with the IRS. If you cannot afford to pay the IRS will put your financial information into a formula (the same formula it uses for every taxpayer) and decide what they are willing to accept to settle the matter.

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Answered on 7/26/10, 3:50 pm
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Answered on 7/26/10, 6:45 pm

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