Recent Posts Tagged With offer in compromise

• What is an Offer In Compromise

  Posted on Friday January 29th, 2010 at 03:16 pm in irs problems, offer in compromise

  An Offer in Compromise is aimed at collecting as much taxes as a taxpayer is reasonably able to pay immediately rather than waste more time and money in attempting to retrieve the full tax amount and potentially be unsuccessful at it. This program a...

• IRS Files Suit on Former Congressman

  Posted on Wednesday January 6th, 2010 at 12:03 pm in juries, racial discrimination, divorce settlement, statute of limitations, irs problems, house speaker, tax liens, offer in compromise, true owner, back taxes, irs tax, max moore

  The IRS is suing ex-congressman Craig A. Washington over $610,000 in back taxes, interests and penalties for the years 1988 – 1990. The agency claims that Washington cheated on taxes out of 3 properties he kept out of his name in the 1990'...

• How to Pay Less Taxes than What You Owe

  Posted on Friday December 25th, 2009 at 12:58 am in hamann, discretion, hardships, tax break, tax attorney, basi, marlene, irs problems, fiscal year, bank statements, irs taxes, economic problems

  Marlene Hamann, a former operator of a temporary staffing company in Amherst owed the IRS more than $1 million in taxes but the IRS agreed to a payment of only $27, 444 as full settlement. Impossible? Not if you know of a certain provision in tax law...

• The Clean Way or the Dirty Way

  Posted on Sunday November 1st, 2009 at 05:16 pm in business owner, due diligence, payroll taxes, s corporation, monies, sales taxes, c corporation, irs problems, tax lawyer, proprietorship, offer in compromise, tax purposes

  The Clean Way As a business owner, you will want to make sure that you do not overpay your taxes. There are ways to avoid paying more than your rightful amount of taxes as provided by the law. But as with all legislation, it comes with certain cond...

• Do You Qualify for an Offer in Compromise?

  Posted on Thursday September 3rd, 2009 at 03:16 am in reason, IRS, provision, financial situation, statute of limitations, oic, financial position, irs problems, offer in compromise, tax history, help file, settlement plan

  If you are genuinely unable to pay your taxes, there is a provision called the Offer In Compromise (OIC) where you can pay less than the total you owe as full settlement. The IRS will consent to an OIC provided it is proven that payment of the OIC a...

• New IRS Appeals Programs - Yet Another Reason Why You Want a Tax Attorney to Handle Your IRS Problem Case!

  Posted on Wednesday December 3rd, 2008 at 10:30 am in alternative dispute resolution, binding arbitration, offer in compromise, irs appeals, irs problem, enrolled agents, irs announcement

  Many taxpayers hire CPAs or Enrolled Agents to handle their IRS problem cases. (...)...

• IRS Announces Two New Appeal Programs - a good sign or bad?

  Posted on Tuesday December 2nd, 2008 at 09:54 am in binding arbitration, offer in compromise, irs appeals, irs problem, irs employees, problem scenarios

  The IRS has announced the formation of two new appeal programs. (...)...

• 20 Questions to Ask an Enrolled Agent Before You Consider Hiring Them to Solve an IRS Problem Part 4 of a 4 Part Series

  Posted on Tuesday November 11th, 2008 at 09:53 am in offer in compromise, irs problem, irs problem videos, tax professional, irs solutions - videos, enrolled agent, irs practice, procedure changes

  Today the gloves come off! (...)...

• 20 Questions to Ask an Enrolled Agent Before You Consider Hiring Them to Solve an IRS Problem Part 3 of a 4 Part Series

  Posted on Monday November 10th, 2008 at 07:32 pm in offer in compromise, irs problem, irs problem videos, irs solutions - videos, danger signs, pennies on the dollar, enrolled agent, tax problem resolution

  Here is part three of our four part series about questions you should ask of your enrolled agent before hiring them to handle your irs problem. (...)...

• IRS Currently Not Collectible/Hardship Status/Status 53

  Posted on Saturday August 2nd, 2008 at 12:04 pm in offer in compromise, irs problem videos, irs solutions - videos, hardship status - currently not collectible, currently not collectible, hardship status, irs currently not collectible, irs hardship status, irs status 53

  If a taxpayer is unable to pay his or her tax liability, and collection activity would create an economic hardship the IRS will consider placing the account in a “hardship” or currently not collectible status. (...)...

• Offer in Compromise is the answer for your IRS Problem

  Posted on Friday August 1st, 2008 at 01:50 pm in offer in compromise, irs offer in compromise, offers in compromise, irs offers in compromise, offer in compromise assistance, offer in compromise attorney, offer in compromise help, reputable offer in compromise company, reputable offer in compromise help

  Some of the bigger "national" Offer in Compromise companies try to sell everyone an Offer in Compromise. The truth is that not everyone qualifies. (...)...

• CAN A TAX RESOLUTION FIRM REALLY HELP YOU SOLVE YOUR TAX PROBLEM? (PART 3 OF A 3 PART SERIES)

  Posted on Tuesday July 29th, 2008 at 08:54 am in offer in compromise, irs offer in compromise, make a deal to settle for less with the irs

  In this final post on the July 23rd article in the Wall Street Journal online edition we're going to talk about taxpayer misconceptions in negotiating a resolution to tax debt with the IRS. (...)...

• CAN A TAX RESOLUTION FIRM REALLY HELP YOU SOLVE YOUR TAX PROBLEM? (PART 1 OF A 3 PART SERIES)

  Posted on Sunday July 27th, 2008 at 11:52 am in offer in compromise, irs offer in compromise, offer mills

  On July 23rd the Wall Street Journal online edition published an article about a settlement between a well known nationwide tax problem resolution firm and 18 states in reference to misleading advertisements. (...)...

• Is the IRS Pre-Disposed to Rejecting Your Offer In Compromise?

  Posted on Thursday July 24th, 2008 at 11:04 am in oic, offer in compromise, irs offer in compromise, irs deal, make a deal with the irs, offers in compromise

  By it's own reporting the Internal Revenue Service acceptance rate of Offers In Compromise has declined by a whopping 70% since 2001! (...)...

• By 2009 the IRS Expects to Levy 3 Million

  Posted on Tuesday July 22nd, 2008 at 01:24 pm in irs levy, offer in compromise, fplp, irs wage levy, federal payment levy program

  According to the 2007 Taxpayer Advocate Service Annual Report to Congress the IRS is expanding its FPLP collection initiatives. (...)...