If you don't qualify for the IRS Offer In Compromise program, a Payment Plan may be
the way to resolve your problem. Setting up a payment plan with the IRS gives you a little more time to pay off your
tax debts.
Unfortunately, penalties and interest will continue to be charged on your outstanding balance as you pay the
debt off. You are required by law to pay the interest on your tax debt.
Young Accounting, Ltd.
7777 Lake Street, Suite 200, River Forest, IL 60305 Tel (708) 366-6377 Email ken@youngcpafirm.com
Young Accounting is a Chicagoland accounting firm that provides a wide variety of accounting, tax and financial management services. Our clients are located in towns like Oak Park, River Forest, Chicago, Elmwood Park, Melrose Park, River Grove, Forest Park, Riverside, Elmhurst, Downers Grove, Westchester, Hillside, Oak Brook, Hinsdale, La Grange, Villa Park, Westmont and more. We service clients in Cook County, DuPage County and Lake County.
