On July 30, 2016, Social Security began requiring new and current my Social Security account holders to sign into their account using a one-time code sent via text message. This second layer of security that requires...
Unlike debt settlement and debt consolidation, bankruptcy typically wipes out debt. Although this may seem like a solution to your money problems, it will have lasting consequences on your credit report and still may not remove all the debt you have.
Offer in Compromise. The closest thing to tax debt forgiveness is the Offer in Compromise, or OIC. Essentially a settlement agreement, the OIC allows you to pay far less than what you actually owe to resolve your tax debt. Thatâs the good news.