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Showing posts from January, 2019

Take The Services Of A Tax Lawyer To Help You With An OIC Approval

IRS is an agency of the federal government which deals with tax collection meaning  they have a significant role in your credit score. Other than credit files from bank loans you have to worry about the additional taxes on your mortgage. A settlement or benefit helps when you can't afford to pay your debts. The law is the priority, and if you have accumulated debt, you may be in trouble with the law. However, do not stress, with the right debt counseling you can avoid any backlashes and bankruptcy. Here is where applying for an   IRS offer in compromise or OIC or tax settlement helps you as a taxpayer. A taxpayer shares a relation with tax authorities in which he/she can apply for a lower taxation scheme. He/she can even choose to pay in installments. Are you close to bankruptcy? If that is the case then you might be looking at a poor credit score Wage garnishment can be a long process that often leads to legal procedures, and for that, you will have to go thro