Do you owe at least $10,000 in back taxes? Book your FREE consultation with Choice Tax Relief by calling 866-8000-TAX or booking here: choicetaxrelief.com/free-tax-relief-consultation/?utm_source=YouTube&utm_medium=description&utm_campaign=irs-payment-plan-vs-offer&utm_content=FLDSR6nR-TY A payment plan and an offer in compromise solve different problems. My team can help you understand which options may fit your finances. Free. No obligation. No judgment. Should you set up an IRS payment plan or try to settle your tax debt with an offer in compromise? Logan Allec, CPA, explains how income, asset equity, allowable expenses and the IRS collection period affect that decision—and when another option may make more sense. WATCH NEXT Partial-payment installment agreements (PPIAs): youtu.be/WJn0C7j2vOI Offer in compromise guidelines and the offer formula: youtu.be/1jDj6yHnjMI Currently not collectible status explained: youtu.be/yHpCiTLrlCs Haven’t filed taxe...