Tax Settlement

Caught not paying your back taxes? Then it's probably best to discuss a possible tax settlement with the IRS. Tax settlement is highly recommended if you've committed an honest mistake in not filing for the proper taxes or if the tax debt you have to pay is too high and you can not afford to pay it in full.

First approach

It is better for you to contact the IRS first before they contact you. If you've seen your finances and noticed that there's something wrong with your taxes, call up the Internal Revenue Service and ask about what you can do to fix the problem. Or, if the IRS contacts you first, act on it quickly and do not put things off. The worst thing to do is ignore the government tax agency and probably incur stiffer penalties.

Once you've acquired a full assessment of your full tax liability, then you can assess if you can pay it in full or in parts. Paying in parts would entail paying interest rates and other penalties. However, the IRS does accept credit card payments.

Installment Agreements

If you are unable to pay for your tax liability in full, then a tax settlement would be a viable option. An installment plan, you can discuss or negotiate the terms in which you can pay for your taxes. The smaller the assessment, the easier it is for you to adjust your payment options accordingly. Of course, this kind of tax settlement will also mean having to pay extra due to interest rates incurred.

An advantage of paying in installments is that the IRS will stop other collections. But you must assure the IRS that you will no longer be delinquent in your future tax payments.


If you owe the IRS less than $25,000, then you can go for a tax settlement through the Payment Plan option. From there, you can, once and for all, decide if you will pay your tax debts in full or you're going to request an affordable installment plan.

Another option for a tax settlement is the Offer in Compromise (OIC). This is an agreement involving the IRS and the taxpayer that allows the taxpayer to settle their tax debts for less than they actually owe.

Dealing with the IRS

The IRS can be very tough and difficult to deal with. But this does not mean you have to play fire with fire. You can deal with them very professionally and discuss with them the best tax settlement option for you.

If you cannot deal with the IRS directly, then you can hire a licensed and experienced tax representative to discuss and negotiate the tax settlement for you. In fact, it is highly recommended that you hire a tax professional / tax relief expert to deal with your IRS problems, because they are knowledgeable and well-equipped to deal with these problems directly.

Reputable firm

A reputable tax relief firm that deals with tax settlements is Mike Habib, EA. Mike Habib is a tax relief expert and is experienced in dealing with problems concerning back tax settlements. Mike promises to provide personal solutions to your specific tax problem, and he promises to negotiate the best possible solution for your tax problem. Mike Habib, EA also provides free initial consultation so you can weigh your options and see what the best tax settlement method you can use to deal with your IRS problem. Call him at 877-788-2937 or online at

Client Reviews
Mike has given us peace of mind! He helped negotiate down a large balance and get us on a payment plan that we can afford with no worries! The stress of dealing with the IRS is huge and Mike helped us through it all. The peace of mind is invaluable, thank you Mike! April S.
Mike Habib - Thank you for being so professional and honest and taking care of my brothers IRS situation. We are so relieved it is over and the offer in compromise process went just as you said. Mike is very professional and will give you honest answers to the OIC process and you can really trust him. You won't be sorry you chose him! Joe and Deborah V.
Mike is a true professional. He really came thru for me and my business. Dealing with the IRS is very scary. I'm a small business person who works hard and Mike helped me see that they are not that scary after all. He was always there with the answers I needed and was very good about calling me back which I appreciated since your first reaction is to freak out and ask a million questions. He solved a messy case and worked very hard to resolve it. His rates are VERY reasonable for the amount of work he does! I give him my highest recommendation! Marcie R.
Mike was incredibly responsive to my IRS issues. Once I decided to go with him (after interviewing numerous other tax professionals), he got on the phone with the IRS immediately (as in the same day I signed with him) to squash an impending issue. And he worked directly with them to quickly come to a resolution I am very happy with. I'd highly recommend reaching out to Mike to see if he can help you with any IRS issues. I'm very satisfied! Marshall W.
I’ve seen and heard plenty of commercials on TV and radio for businesses offering tax help. I did my research on many of them only to discover numerous complaints and unresolved tax issues. I found Mike Habib through my own online search and contacted him. He was very professional with great communication, always answering my questions and concerns. Mike resolved my complicated tax problem just as he said he would. I would definitely recommend his services to family and friends. Nancy & Sal V.