Influential taxpayers write Senate urging setting the personal exemption at $3.5 million or $ 7 million for a couple. This would eliminate estate taxes for 99.75% of Americans.
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Taxes
Senate urged to give $3.5 million personal exemption or $7 million for couples
Settling with the IRS
Did you know that you can settle your debt with the IRS for just pennies on the dollar with their Offer in Compromise program? The program allows taxpayers to settle with the IRS on tax debt that has been incorrectly assessed or for liabilities they cannot afford to pay.
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