Famous Back Taxes Settlement References. Web november 21, 2023 at 12:36 pm pst. Web to explain, imagine you owe the irs $20,000, and the irs agrees to accept a $5,000 settlement.

Simply put, back taxes are taxes that an individual fails to pay or pay completely when they are due. Whether you didn’t pay last year or you haven’t paid for the last five years,. Web hunt’s opening remarks.