New IRS Review Process for Home Equity Could Help Settle Disputes
Wednesday, January 14th, 2009I was recently interviewed by Martin Vaughan from Dow Jones News for an article he was writing about the new circumstances under which the IRS would consider Offer in Compromise settlements that it would otherwise have rejected because of a home equity issue.
Under the Offer in Compromise program, the tax collector may settle with a taxpayer for less than the full amount of taxes owed. Under previous guidelines, the IRS
