QUESTION: Is it possible to settle tax debt to the IRS without giving up your home?ANSWER: You may establish various payment arrangements to pay your tax debt with the IRS. Regarding your residence, the IRS may not seize any real property used by you as a residence to satisfy a tax liability (including penalties and interest) of $5,000 or less
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Wednesday, April 2, 2008
Settling IRS Debts and your Home
Posted by Pete Johnson at 10:59 AM
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