I’d always heard that the Internal Revenue Service was incredibly aggressive. Then I read about the Offer in Compromise. That doesn’t sound like the IRS I’ve come to understand. What’s the deal? Is there really such a thing as the Offer in Compromise?Tuesday, July 10th, 2007
The Offer in Compromise started as an IRS program after tax-collection agents learned a hard lesson: The strong arm isn’t always the most effective one.
After years and years of beating on doors in an effort to chase down those who owe back taxes, the IRS realized that, in some situations, a gentler approach can be more effective.
Enter the Offer in Compromise.
If you think you might benefit