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

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
ATYRIA CLARK ATYRIA S. CLARK & ASSOCIATES, ALC

Yes.

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


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