tag:blogger.com,1999:blog-24744976.post746010197452772922..comments2007-12-29T07:22:57.773-06:00Kevin Surbaughhttps://profiles.google.com/114850083782944258911noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-24744976.post-41372974261674397682007-12-29T07:22:00.000-06:002007-12-29T07:22:00.000-06:00Thanks debt Blog for the comment as I said in "<A HREF="http://www.debtfree4ever.net/2007/12/look-at-irs-debt.html" REL="nofollow">A Look At The IRS Debt</A>," I have been in contact with the IRS and they have me in what they call "deferral" because of my low income. In other words they aren't actively pursuing me because of my income. My refunds do go straight to them though, to reduce the debt. <BR/>I am not be charged penalties, but I do pay interest of 4%-8% (depending on the market). Currently it is now 8%.the Prince of Thrifthttp://www.blogger.com/profile/07863514672517538661noreply@blogger.comtag:blogger.com,1999:blog-24744976.post-84107171719610992762007-12-29T00:06:00.000-06:002007-12-29T00:06:00.000-06:00You need to act quick on the IRS and start paying them something every month, don't mess with the IRS! they will take everything you have... <BR/><BR/>Sorry, don't mess with the KGB.<BR/><BR/>With your income you should be able to settle this for 1000... act quick, use 150 from your online ads and pay per post.Our Debt Bloghttp://www.blogger.com/profile/16131857251377260758noreply@blogger.comtag:blogger.com,1999:blog-24744976.post-40540715443236611442007-12-28T21:46:00.000-06:002007-12-28T21:46:00.000-06:00thanks dedicated, I appreciate your comment. I wrote a post of what I found out from the IRS in regards to your suggestion. I think I will get the form 656 and take a closer look at it.<BR/><BR/>So come next Wednesday, I will go downtown to the local IRS office to get that form.the Prince of Thrifthttp://www.blogger.com/profile/07863514672517538661noreply@blogger.comtag:blogger.com,1999:blog-24744976.post-63740074478775813642007-12-28T10:15:00.000-06:002007-12-28T10:15:00.000-06:00Can I give you another goal? Don't read on if the answer is no.<BR/><BR/>Call the IRS, with your debt papers in hand. Your goal is to get the debt reduced or eliminated. In my experience, I have seen the IRS eliminate, completely, debts with higher income than yours. I do not believe you earn enough - at your debt level to repay this debt. <BR/><BR/>If you would rather not call. Write a letter to the address on the notice, include a copy of the notice, divulge all your financial information (income and debts) and request that they give you debt forgiveness on this. <BR/><BR/>The way I see it, you have nothing to lose. And freedom to gain.Dedicatedhttp://www.blogger.com/profile/13253101883627114010noreply@blogger.com