Tag 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 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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How To Fill Out Form 433-A (OIC) (2018 Version), Detailed Instructions From IRS 656-Booklet

Form 433A-OIC Guide: Filling It Out Completely Updated 4/4/2016 to include the updated IRS Collection Financial Standards Updated 6/17/2016 to include updated 2016 Version of Form 433-A(OIC) Updated 5/21/2017 to include updated¬†2017 Version of Form 433-A(OIC) Updated 06/06/2018 to include … Continue reading

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Back Taxes Owed?

When you owe back taxes, it can be a confusing situation.   Take these steps in determining you course of action:   1) Determine if the debt is actually owed The IRS often will send assessments that are incorrect. They … Continue reading

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