shaft6969 t1_j51wcvz wrote
Reply to comment by Gonergonegone in Hi, I’m Mel Robbins, host of the #1 ranked The Mel Robbins Podcast and one of the most successful self-published authors in the world. I think motivation is garbage and I figured out how to cure my own anxiety after struggling with it for 30 years – AMA. by Mel-Robbins
Highly recommend finding a tax expert to negotiate with the IRS. Enrolled agent is what you want. They're certified to work with the irs, and many used to work for them. Offer in compromise I believe is the process.
It can be done on your own but those guys know the system better.
Despite the common thought, the IRS can be reasonable.
If you're still a high earner, they'll want whatever they can get. But usually over a limited period, 5 years. They can waive the rest.
They're not cheap, but many years ago $5k of help got over $50k wiped clean (actually $50, not zero). Made this grown man weep years of joy when I got that letter.
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