St. Louis MO: When your IRS Tax Debt is too big to pay.
By Steve Shapiro, Tax Professional helping taxpayers
(Arch Tax Resolution)
I represent taxpayers in the greater St. Louis area and the state of Missouri. If your tax bill is out of sight and you see no way to pay the IRS is probably breathing down your back. At this point in time, you must consider your options for how to reduce or elimate your tax bill. If your thinking bankrupcy is the solution you have to be aware of it's limitations. Tax debts are hard to discharge in bankrupcy as many of them stay with you even after the bankrupcy has been discharged by the bankrupcy court.The IRS provides you four avenues of relief to help you get rid of tax debt. Depending on your circumstances it's possible some of these IRS methods could rid you of your tax nightmare.The best bill collector in the country is the IRS. It has tools and programs at there disposal that n...