“Offers in Compromise” is an IRS program that gives taxpayers a fresh start and is designed to show mercy on taxpayers who are up against economic odds that would make collection of a tax debt ...
The Internal Revenue Service (“IRS”) recently published updated figures, reducing allowable expenses used in determining whether they will accept a taxpayer’s offer in compromise (“OIC”). If a ...
In the past two columns, I’ve been discussing offers in compromise, the IRS program that gives taxpayers a fresh start. This program is designed to show mercy to taxpayers who are up against economic ...