In Taxes - Asked by Admin - 10 months ago
The IRS understands there are situations in which they will not be able to collect the entire amount of tax a citizen owes no matter what they do or how hard they try. By agreeing to settle a tax debt, the IRS “brings the citizen back into the system”. The citizen is required to stay in compliance and pay their taxes on time after tax relief is granted.
Answered by Admin - 10 months ago
Tags: tax debt, debt, taxes, settle tax debt, why would the irs want to settle tax debt?
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