IRS debt relief refers to programs and options offered by the Internal Revenue Service (IRS) to assist taxpayers who are unable to pay their tax debts in full. These programs can provide various forms of relief, such as reducing the amount of tax owed, extending the time to pay, or even forgiving the debt altogether.
IRS debt relief is important because it can help taxpayers avoid serious financial consequences, such as wage garnishment, bank levies, and property seizures. Additionally, it can provide taxpayers with the opportunity to get their finances back on track and move forward with their lives.