E. Ray Critchett, LLC | Ray Critchett
Generally, a tax attorney or other tax professional can assist you with coming to a reasonable agreement with the IRS which will allow you sufficient funds to continue living and to retain your possessions. You may contact our office to schedule an appointment if you have further questions or if you need assistance with this issue. You can also schedule an appointment or obtain additional information at our website.
Answer Applies to: Ohio
Mankus & Marchan, LTD | Tony Mankus
Yes, although IRS may file a lien that encumbers your possessions. The lien should not be an impediment, though, if you make your monthly payments. It may also be possible to settle the debt with IRS for some lesser amount - depending on the equity in your assets and your income.
Answer Applies to: Illinois