Category Archives: Offer In Compromise

Types of Offer In Compromise – The Different Ways to Settle IRS Tax Debts

Types Of Offer in Compromise Offer in Compromise is a settlement for tax debts than less than the amount owed. The most common Offer in Compromise type for the IRS is a personal Offer for doubt as to collectibility. For … Continue reading

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How to Fill Out IRS Form 656 Offer In Compromise

Form 656: Filling It Out This guide will explain how to fill out IRS Form 656, which is used to submit an Offer In Compromise to the Internal Revenue Service. This is part of our guide on How To Do … Continue reading

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Optima Tax Relief Review: Alan Thicke Recommends, but Should You Buy?

We get many calls from people that almost hired Optima Tax Relief, and we find that most people did not like what they heard from them. In this review we will go over the information we have learned about Optima … Continue reading

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How to Make Estimated Tax Payments

This guide covers making estimated taxes for individuals. In order to make IRS estimated tax payments, you can pay online or pay by mail by check. It is strongly recommended that you pay online and pay estimated tax payments on … Continue reading

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Tax Help For Veterans

A lot of veterans end up havingĀ  a tax issue for various reasons: cancellation of debt, cashing out retirement accounts, being self employed, and a host of other reasons. If you are a veteran, collecting a retirement or disability check … Continue reading

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Currently Non Collectible Status, Offer In Compromise, or Both?

When a case is in collections with the IRS and you cannot afford any payment (as determined by the IRS Collection Financial Standards, you have two options: Currently Non Collectible Status – Effectively a $0/month payment plan. Offer in Compromise … Continue reading

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IRS Lowers Collection Financial Standards

The IRS just recently lowered their collection financial standard figures for many sections. The updated figures can be found on the Collection Financial Standards page. This will make it harder for some taxpayers to now qualify for a settlement on … Continue reading

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Tax Help For Seniors

There are many seniors out there that need tax help and may owe back due taxes from their previous employment or businesses even though they are now retired. Many seniors are on a fixed income and think that they are … Continue reading

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Tax Defense Partners: Rush Limbaugh Recommends, but Take A Second Look Before You Buy

You may have heard about Tax Defense Partners on the radio and have called in to talked to a high pressure salesman. They are highly advertised on radio, and with high advertising comes high fees. The former taxresolution.com, another heavily … Continue reading

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How To Do Your Own Offer In Compromise

An Offer In Compromise is a way to settle your debt with the IRS. It is not based on “pennies on the dollar” or a percentage of your tax debt, contrary to what many advertisements state. It is purely based … Continue reading

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