Tonight on SPIKE

Viral/Other Offer in Compromise | IRS Tax Debt Relief

0 Comments Save

Comments (0)

Saving your comment...

Loading...
Leave a Comment

You must Log-in to leave a comment

You are commenting on: Offer in Compromise | IRS Tax Debt Relief

Flag this Content as Inappropriate

 
Likes: 0  

Views:

Posted: March 28, 2007
Description: The Offer in Compromise program was established to grant tax debt relief... (more)
Description: The Offer in Compromise program was established to grant tax debt relief to to people who cannot pay their taxes. An Offer in Compromise is not always the best option. It is important to determine if the tax debt liability can be avoided at the audit, appeal, or tax court level. Additionally, there may be ways to avoid collection of taxes that re bettern than the offer in compromise, such as bankruptcy or waiting out he collection statute of limitations. Late night television is full of people advertising services that promise to settle your tax debt for "pennies on the dollar." These services are generally not attorneys, and are basically Offers in Compromise mills. They fill out the forms, regardless of the clients' individual situation, and make an offer. These offers are often not accepted by the IRS. The IRS has even gone so far as to release a consumer alert advising taxpayers to beware of these "pennies on the dollar" claims. If you think you may qualify for the Offer in Compromise program because doubts about the tax liability, doubts about their ability to pay the tax debt, or undue hardship involved in paying the tax debt, it is best to have an experienced and knowledgeable tax attorney help you present your arguments. The vast majority of offer in compromise filings are rejected by the IRS and the chances of a successful petition are much better with an qualified Offer in Compromise attorney on your side. www.4taxhero.com (less)

Extras

  1. » Ever seen SFW Porn? Now you have! Check out Sasha Grey, Aria Giovanni and more in hilarious episodes of PG Porn.
  2. » Bachelors, do you need simple-to-make recipes? Check out the FOOD DUDE for easy-to-make killer recipes: Food Dude.

» SPIKE.com at a glance

Login

X

Forgot your username or password?

Sign-up


Privacy Policy and Terms of Use

close menu

Copy & paste this code into your blog, MySpace, Friendster or anywhere else you can add HTML.

close form

I would like to flag this content as inappropriate.

close form

I would like to flag this comment as inappropriate.