02.11.09
Tax Corner
IRS problems? The way I see it, you have six options:
1.Pay it
2. Propose an installment plan (IRS Form 9465)
3. Propose an Offer in Compromise under Section 7122 of the Internal Revenue Code
4. Propose a Partial-Payment Installment Agreement
5. Ask the IRS to cease current collection actitivies (see IRS Form 433-F)
6. File bankruptcy.