
An offer in compromise lets you settle tax debt for less than owed – but this program has extremely high rejection rates. That's because it's complicated, and typically, the best course of action is to work with a tax professional.

An offer in compromise lets you settle tax debt for less than owed – but this program has extremely high rejection rates. That's because it's complicated, and typically, the best course of action is to work with a tax professional.

As of November 21st, 2025, a federal court has issued a preliminary injunction that permanently shuts down the business operations of American Tax Services LLC and its related entities. According to the FTC’s complaint, the company misled consumers, impersonated government agencies, and failed to provide promised tax relief services. The preliminary injunction permanently halts all business operations of American Tax Service LLC and its related entities while the case proceeds. The FTC and the State of Nevada are seeking permanent bans that would prohibit the defendants from offering tax or debt relief services in the future.

The IRS can seize (levy) assets to pay your outstanding tax liability. That’s the hard news. The good news is that there are several steps you can take to avoid the seizure of your assets. Being proactive and creating a plan as soon as possible is the best way to avoid the loss of your home, bank account, or other assets.

Auto repair and body shops are third on Florida's list of delinquent taxpayers – 14 businesses in this industry owe a combined total of over $4.2 million in state taxes, with a median tax debt of $247,000 per business. And that's just the businesses on the list – thousands of businesses in this industry across the state are struggling with lower but still very significant volumes of tax debt.

Florida restaurants owe more back taxes than businesses in any other industry – and by a long shot. At the time of writing, Florida restaurants top the state's list of most delinquent taxpayers, with an aggregate state tax debt of $2.6 million. That's an average of just under half a million per company and a median of $280,000.