IRS Tax Problems - Can't Find a Job? Learn How to Keep the IRS Off Your Back

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Sound Familiar? Job Fairs, Interviews, and Internet Searches and yielding nothing? You have no job. You used to pay all your bills on time, but now you can't. What can you do when you owe the IRS but you don't have the money to pay it with? There's a surprising amount of options available for those who are unemployed.

Choose the Right Help! See if you qualify for the options below.

Offer in Compromise - You can Settle your Debt with the IRS. It's a very long and tedious process and the qualifications are difficult to meet. Consulting with a professional is the best way to win an Offer, but it's not necessary. Be prepared to fill out 44 pages of paperwork. In addition to that, you must include 20% of the offer when you send it in.

Installment Agreement - Can you pay monthly?. This is like paying your credit card debt, except that the IRS gets to decide how much you pay per month. You have to Give all your financial information to the IRS. After writing and make little or no income Have you come and seize any property, paying the amount that you can choose Every month. But if you do not work, can not be an option for you.

Hardship Plan: You can benefit from a plan to supply uncomfortable if you are unemployed. Basically you have to prove that the IRS can not afford one, IRS pay if you do, you will not behave money for your basic needs. If the IRS determines that you are right, that will give you a brief respite from the process of collections. But do not get, but comfortable. After the rest period, the IRS is continuing the process of collections.

Penalty killing: The IRS will not cease to hold their job just because you are just. If you can not pay, the IRS will immediately start adding interest and penalties. This means that not onlyyou owe the original debt, but also the newer fees. But there is a solution. Try applying for "Penalty Abatement." You could potentially reduce your tax debt up to 30%!

Don't give up. There's lots of ways to take care of your IRS debt, even if you don't have a job. There worst choice you can make is just to ignore it. Even if you are unemployed, your IRS debt will not simply vanish.  

Now You Have The Smoking Gun...Use it!

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