In 2020, Americans owed the IRS more than $114 billion<\/a>.<\/p>\n\n\n\n Many people get into debt, and then struggle to get out of it. This can happen for a host of reasons, and the results are never good. For those who fall into this situation, there are various potential ways to get back out, with one such method being tax resolution.<\/p>\n\n\n\n You may not be too sure what tax resolution is or how it works. If so, keep reading for some of the most frequently asked questions about it.<\/p>\n\n\n\n Tax resolution is a program that the IRS (Inland Revenue Service<\/a>) created to help those in debt. You can work with the IRS, as well as tax professionals, to find a solution when struggling to pay back the money that you owe.<\/p>\n\n\n\n This isn’t always due to a lack of funds. Sometimes problems can occur if the IRS believes you’ve underreported your income, or if you haven’t properly filed your taxes for multiple years.<\/p>\n\n\n\n You might use tax resolution to help with various situations such as audit representation, transcript protest, non-collectible debt, tax penalties, and more.<\/p>\n\n\n\nWhat Is Tax Resolution?<\/h2>\n\n\n\n
How Do Tax Resolution Companies Work?<\/h2>\n\n\n\n