I have written about the topic of debt in previous articles – ways to budget and how to stay out of debt. (under Archives topic "Debt" on my website: www.attorneybarbaradalvano.weebly.com)
IRS Debt Collection Notices
If you are struggling with the decision of what to do about debt collection notices from the IRS, the Investopedia article may be a useful starting point.
Read the article before you begin any discussions with a tax settlement firm that promises to resolve your debt for ‘pennies on the dollar’.
One piece of advice is - do not ignore notices - they will not go away!
“The truth about IRS tax settlement firms” by Mark P. Cussen, CFP®, CMFC, AFC (June 26, 2018) introduces topics such as: the IRS collection process; asset seizures; Offer in Compromise; and success rates for tax settlement firms.
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