The IRS just recently lowered their collection financial standard figures for many sections.
The updated figures can be found on the Collection Financial Standards page. This will make it harder for some taxpayers to now qualify for a settlement on their back due tax debts, also known as an Offer In Compromise.
Need help with your back due tax debts? Call us at (888) 515-4829 and have a free, no obligation consultation with a licensed tax attorney or fill out a request on our contact form at taxresolutionprofessionals.com. We can help you nationwide.