Stuck With a Whopping Tax Bill? This Solution Might Work.

The IRS will work with filers who find themselves unduly burdened by taxes. It’s a concept known as an offer in compromise, and it effectively entails you offering — and potentially paying — a portion of your outstanding tax bill, as opposed to the entire sum you’re on the hook for.

Source: Stuck With a Whopping Tax Bill? This Solution Might Work.

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