For those who do not qualify for the Compromise in Offer program that the IRS offers usually the only other way to settle with the IRS is through a payment plan.

While setting up a payment plan allows you more time to pay off your tax debt, it has been known that the interest and penalties will still continue to increase while paying off your debt.

The good thing is that the interest can be removed if you know what steps to take. For a free consultation with a professional accountant, click the button below.