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June 09 2011

Tax Debts with the IRS New Procedure for Settling them

The Tax Increase Prevention and Reconciliation Act of 2005 has ushered in new rules for settling tax debts with the IRS. Here is the scoop on the compromise procedures.Child Tax Credit WorksheetNew Procedure for Settling Tax Debts with the IRSIf you owe the federal government back taxes, there are two approaches you can take to resolve the issue.

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