Offer in Compromise-Know What it Means
I wrote an article called How to Get Tax Relief through the IRS Offer in Compromise Program. The topics covered in the article covered the most frequently asked questions I often get in my practice:
-Who can file an Offer In Compromise?
-What are the requirements for an Offer in Compromise?
-Can penalties and interest be compromised under an Offer in Compromise?
-How likely is it that the IRS will accept an Offer in Compromise?
-How long does it take for an Offer in Compromise to be approved by the IRS?
-Will an Offer in Compromise show up on my Credit Report?
I believe that understanding how the Offer in Compromise program functions particularly if it may be your vehicle to tax solvency is key because resolving back tax issues is a complicated process and not always what the slick ad campaigns portray. Taking your time to find a tax attorney or certified tax resolution specialist (and check their credentials!) they will help you take care of your tax troubles and give you piece of mind.
You can read the How to Get Tax Relief through the IRS Offer in Compromise Program here.
If you are facing IRS tax issues, Tax Resolution Services, can help, because we are IRS problem solvers. For a free, no-risk tax relief consultation, please call us at (888) 699-7630.
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