Offer in Compromise – The Steps to Success
November 22, 2009 by admin
Filed under Offer in Compromise
Based on the current economic downturn, many taxpayers find themselves unable to pay their tax bill. That’s why many request an offer in compromise from the IRS. But an offer in compromise is not for everybody. Many people believe that if they currently do not have the funds on hand then the IRS will automatically [...]
Do I Need a Tax Lawyer for my Offer in Compromise?
November 22, 2009 by admin
Filed under IRS Tax Relief, Offer in Compromise, Tax Settlement
Often there are circumstances that arise when a taxpayer has accumulated a substantial tax liability that clearly exceeds any ability to pay in a lump sum. In this situation, the taxpayer should consider hiring an Offer in Compromise attorney to handle the negotiations with the IRS.
The IRS applies the same collection standards utilized in installment [...]