We are a AFFORDABLE full-service tax firm that specializes in IRS and state tax debt resolution.

FST is  A+ rated by the Better Business Bureau and have been in private practice since 1982.

We know the System.

As a former IRS agents and teaching instructors there is one specific and primary way that the Internal Revenue Service deals with tax debt.

We can make various solutions or recommendations that we can make to our clients to rid themselves of the tax debt that they are currently experiencing.

I have found that most taxpayers really wish they could pay their back taxes.

Many of whom have never been in this situation before however due to life circumstances and the different maladies that have happened in there lives, taxpayers have found themselves in positions they  have never been in before.

This is the system that IRS uses to deal with tax debt

If you owe back Tax Debt, the Internal Revenue Service will take a current financial statement on form 433F.

That is the only financial statement that they will work with.

You can find that form on our website.

That form will need to be sent or faxed to the Internal Revenue Service with complete documentation.

Included in the documentation you will need have bank statements, pay stubs, and a copy of all monthly expenses.

Internal Revenue Service will completely verify your financial statement.

As a general rule they can do this within 20 or 25 minutes. IRS has a system in which you the taxpayer will generally fit in.

As a result of their analysis of your financial statement the Internal Revenue Service will either put you into a:

• payment plan,
• current hardship or uncollectible status, or possibly
• may let you know and recommend you file an offer in compromise to settle your tax debt with IRS.

IRS Payment plans.

There are three basic payment plans that the IRS employees depending the amount of money that you owe.

When we review your case will let you know which is the best payment plan and applicable for your situation.

IRS hardships

IRS may put your case into a currently not collectible or hardship file.

When IRS does this as a general rule it is because you have more expenses and income coming in, after the Internal Revenue Service has compared your income and expenses with that of the national standards you may be placed in this category.

IRS tax settlements

IRS tax settlements are called offers in compromise.

Before we recommend any taxpayer to settle there tax debt, we will walk you through the offer in compromise program.

We recommend each taxpayer go through the pre-qualifier tool to find out if they are of verifiable candidate for the IRS Tax Debt Program.

Tax Debt  *IRS Solutions*  Former IRS – Payment, Hardships, Settlements, Tax Relief – Chicago, Springfield, Evansville