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By analyzing your situation, we can determine your best course of action. Or you could hire my firm, as an Enrolled Agent who is experienced in the matters of back taxes. Worse you could just ignore them meanwhile the penalties and interest keep piling up. Of course you could just write a check and pay them the full amount, including penalties and interest. When the Internal Revenue Service sends you a notice stating that you owe back taxes, the amount is usually much higher than what you thought because they have tacked on penalties and interest. Can I go to jail or prison for not filing my taxes?ġ) I filed my tax returns but didn’t have the money to pay what was owed.What type of documents will the IRS ask for with an OIC?.Can the IRS ever revoke an approved and paid Offer in Compromise?.When do I have to pay the amount being offered in an Offer in Compromise?.Is it too late to reach a settlement and make a fresh start? I have not filed returns for a number of years.Can I file bankruptcy and discharge my taxes without entering into an Offer in Compromise?.Will I have to see or speak to the Internal Revenue Service if you take my case?.How long does it take for an Offer in Compromise to be approved by the IRS?.When the Internal Revenue Service approves an Offer in Compromise, what happens next?.Even though I am making installment payments, can I do an Offer in Compromise?.How do I reach a settlement to clear my back taxes? I filed my tax returns but didn’t have the money to pay what was owed.

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