Have you faced financial hardship or do you know someone who has? Hardships come in many forms, from unexpected health problems to a lost source of income. Whenever someone faces a sudden hardship, they may be unable to fully pay their taxes.
Despite any financial troubles you might currently have, you need to file your taxes to avoid penalties from the IRS. However, that doesn’t mean the agency isn’t willing to work out a reasonable solution for those facing dire money problems. Find out how the IRS debt forgiveness program works and if it is right for your current situation.