If you cannot afford to pay the full amount of your tax debt owed to the Internal Revenue Service (“I.R.S.”), there may be collection alternatives available to you. One of these alternatives is having your account with the I.R.S. placed in Currently Not Collectible Status.
Offers in Compromise – I.R.S. Debt Collection Alternatives If you cannot afford to pay the full amount of your tax...
An Installment Agreement allows you to pay any debt you owe to the I.R.S. over time as opposed to a lump sum payment. To apply for an Installment Agreement, you must file a Form 9465 Installment Agreement Request.
In response to the COVID-19 pandemic and in furtherance of the goal of keeping families in their homes during this unprecedented time, the Emergency Rental Assistance program was designed to help individuals who are unable to make rental or utilities payments. The United States Treasury has paid out a total of $46.55 billion under two programs (ERA1 and ERA2) to states, territories, and local governments to be utilized for this purpose.