Michelle Singletary: No, you will not be able to get rid of your tax debt for pennies on the dollar

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  • Weston Jurney West Jordan, UT
    May 10, 2018 12:48 p.m.

    As much as Utahns hate hear it, the old rule is still true:

    "If it sounds too good to be true, it probably is."

  • Rancho63 Cottonwood Heights, UT
    May 9, 2018 12:16 p.m.

    Michelle, thank you for telling this important story. Having spent 40 years working for the IRS I cringe when I hear these misleading advertisements. Some are just half-truths meant to get people's money. Some are just plain distortions of fact. One current add says the IRS just hired an army of collectors. False. This was more factual 15 years ago. Currently the IRS collection and audit programs are a shell of what they once were. And don't believe that some firms have some magical way to get the IRS to reduce your debt for pennies on the dollar, unless you understand that 99 pennies are "pennies on the dollar." Michelle gave some good insight into IRS collection programs. To those of you who owe the IRS money, just honestly work with them and you will get help from them. Believe it or not. IRS collectors are taxpayers too.