YOU CAN MAKE PAYMENTS TO SETTLE YOUR CASE!!!!!!!!!!!!!!!!!!!!!!!! Did you know that you can settle your case and make payment terms? The IRS offers three programs in which you can settle your case. Which is best for you? The first program is a Lump Sum Settlement Program. This program allows the taxpayers to pay the [...]
Daily Archives: October 1, 2009
Did you know there are 3 ways to settle your case? This is program number ONE.
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Offers that the IRS cannot accept
There are certain offers on cases that the IRS cannot accept. Though they are rare, here is a partial list of some of these types of cases: They usually involve cases that are controlled by the Department of Justice. The taxpayer’s liability for part or all of the periods are in litigation. The federal liability [...]
three types of Offers In Compromise
How many types of OIC exists? There are three grounds on which the IRS accepts an OIC. This is based on policy statement P-5-100. Doubt as to Collectability: The goal of this Offer is to achieve the best possible settlement for the Federal Government. Also, they want to settle in the earliest possible time with [...]
Why does the IRS settle your case?
Why does the IRS accept Offers in Compromise or settle with the taxpayer? The federal government, just about like anyone else you may owe money to, has various business situations in which they cannot collect the debt. The IRS has a system in place. It is a formal agreement in which the federal government has [...]
