How to Settle IRS Tax Debt: A Guide from an Enrolled Agent
How to Settle IRS Tax Debt: A Guide from an Enrolled Agent
Everything You Need to Know About Offers in Compromise, Installment Agreements, and Tax Relief Options in 2024
Owe the IRS more than you can afford? You’re not alone. Every year, thousands of Americans face mounting tax debt, wage garnishments, or liens that can cripple their financial future. The good news? The IRS offers real solutions — and an Enrolled Agent (EA) can help you navigate them.
In this post, we’ll break down the top IRS tax relief programs in 2024, who qualifies, and how you can resolve your tax debt fast — legally and confidently.
What Is Tax Resolution?
Tax resolution refers to the legal strategies and programs used to settle or reduce tax debt with the IRS. Common options include:
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Offer in Compromise (settle for less than you owe)
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Installment Agreements (monthly payment plans)
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Penalty Abatement (reduce or eliminate IRS penalties)
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Currently Not Collectible status (pause collections)
An Enrolled Agent (EA) is a federally licensed tax professional authorized to represent you before the IRS. At Tax Resolution 1st, our EA specializes in:
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Negotiating tax settlements
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Stopping IRS collections and wage garnishments
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Handling audits and back tax filings
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Advising small businesses on payroll tax issue
You may qualify if:
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You owe over $10,000 in IRS back taxes
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Your income or financial hardship prevents full repayment
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You’ve received IRS letters about liens, levies, or garnishments
Even if you’ve been denied before, our EA can review your case with a fresh perspective.
Pro Tip: Act Before the IRS Does
Delaying action can lead to:
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Seized bank accounts or wages
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Additional penalties and interest
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Loss of business licenses or assets
Don’t wait for the IRS to take the next step — take control today.
Contact Tax Resolution 1st for a free consultation with our Enrolled Agent. We’ll review your IRS notices, explore your options, and build a custom resolution strategy — fast and confidential.
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