Chicago: IRS Solutions
Chicago: IRS Solutions – One Way to Get Out of IRS Debt
There are 6 different ways to eliminate IRS tax debt.
Let’s look at one of the easiest….
Pay the bill.
Now before you think I’m being overly simplistic, this is really an option for many people.
Let me explain.
You may want to pay the bill with a credit card.
Credit card debt is usually better than IRS debt.
The IRS actually accepts Visa, Mastercard & American Express for many debts owed to them. Think of it this way…a credit card company has nowhere near the power of the IRS to collect their money…
Not only can the IRS take your wages, but they can also take things like your real estate, Social Security, 401(k)’s, IRA’s, car, boat, house, accounts receivable, cash loan value of your life insurance, or commissions…to name just a few.
The IRS can also put a lien on your personal and investment properties, making it difficult to sell your house, destroys your credit rating and makes it difficult to refinance or get a home equity loan.
Of course, the “big hammer” of the IRS is that they can actually send you to prison for not paying your taxes.
The credit card companies have power, but not near as much as the IRS. If you don’t have enough credit to pay off your IRS debt then you should know that there are other options.
Chicago IRS Solutions. If you are searching for IRS Solutions to your tax problems, or if you have ANY questions about IRS problems, we can help. call Opem Tax Resolution – The Law Office of Steven A. Leahy, PC (312) 664-6649. Call Now to schedule your FREE 1 hour Consultation!