IRS is demanding back taxes

[Joe Moore]

My unwanted business partner, the IRS has come a calling for back taxes. Who do I turn to for help! I have quite a few years that I haven't filed taxes.

[Eamonn McElroy]

After the IRS discovers the noncompliance and contacts you, you generally have fewer options and less chance of penalty abatement.

Your best bet is to work with a professional to handle the noncompliance and prior filings, then to keep you compliant on a forward looking basis.

If what you owe is substantial in relation to your income and assets, you and your professional should consider an Offer in Compromise.