As a retired career IRS employee, I know the IRS rarely ever accepts a "compromise" on a tax liability and writes it off as these companies claim. The IRS does, after extensive financial investigation, place accounts in "currently not collectible" status and reviews them with updated information subsequently. Sometimes the statute of lim…
As a retired career IRS employee, I know the IRS rarely ever accepts a "compromise" on a tax liability and writes it off as these companies claim. The IRS does, after extensive financial investigation, place accounts in "currently not collectible" status and reviews them with updated information subsequently. Sometimes the statute of limitations for collection expires. But no one needs to hire one of these companies to do any of that. Believe it or not, IRS employees are really hardworking, decent people, and they are not wealthy either!
As a retired career IRS employee, I know the IRS rarely ever accepts a "compromise" on a tax liability and writes it off as these companies claim. The IRS does, after extensive financial investigation, place accounts in "currently not collectible" status and reviews them with updated information subsequently. Sometimes the statute of limitations for collection expires. But no one needs to hire one of these companies to do any of that. Believe it or not, IRS employees are really hardworking, decent people, and they are not wealthy either!