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robmoney
New Member

I have an old tax debt from 2008. I am now able to pay it but wanted to see about the IRS fresh start plane which seems to be able to reduce the total amount due. Help?

 
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2 Replies

I have an old tax debt from 2008. I am now able to pay it but wanted to see about the IRS fresh start plane which seems to be able to reduce the total amount due. Help?

Go to this IRS website for information on Offer in Compromise - https://www.irs.gov/payments/offer-in-compromise

rjs
Level 15
Level 15

I have an old tax debt from 2008. I am now able to pay it but wanted to see about the IRS fresh start plane which seems to be able to reduce the total amount due. Help?

The IRS is not allowed to collect a tax debt that is more than 10 years old (from when the tax was assessed). But certain events can extend the time. Consult a tax professional.

 

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