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IRS Offer in Compromise: Basics and Who Qualifies

Advertisements about "settling your tax debt for pennies on the dollar" typically refer to the process of applying for an IRS offer in compromise (OIC), which is an IRS program designed to help ... read more

IRS Offer in Compromise: Everything You Need to Know

An IRS offer in compromise enables you to settle tax debt for less than you owe. Eligibility requirements for these offers are specific, and the application process can take longer than a year. read more

Barry Dolowich, Tax Tips: Offer in compromise

Answer: Utilizing Form 656, Offer in Compromise, you may be in a position to negotiate a settlement with the IRS. Here are the IRS basic guidelines for making an offer: Legal limitations. read more

Here Are the 3 Biggest Fears That Americans Have About Filing Taxes

Another option to pay off your tax debt is to ask the IRS for an "offer in compromise." This lets you settle your tax debt for less than you owe. But you have to apply and be approved for an offer ... read more

Avoid these common tax scams as the April 15 filing deadline nears

The six scams the agency has outlined so far: Phishing and smishing Promoters of questionable claims for the Employee Retention Credit Scammers who offer ... called offer-in-compromise "mills ... read more

Tax Relief and Resolution: 5 Ways to Deal With Tax Debt

Next steps: Learn more about IRS payment plans and how to set one up 2. Offer in compromise Another option for tax relief is available through what’s called an "offer in compromise." This lets ... read more

10 Best Tax Relief Companies: Fees & Services Compared

The company aids in the application process for various IRS tax debt relief programs, such as offers in compromise (OIC), innocent spouse relief, and the status of "currently not collectible." ... read more

With Ohioans ready to change the state constitution to raise the minimum wage, Statehouse Republicans suddenly offer compromise: Today in Ohio

A Senate Republican is pitching a compromise to a proposed constitutional amendment that could make the November ballot and raise the state’s minimum wage to $15 per hour for all workers. We’re ... read more

Best Tax Relief Services Of May 2024

offers in compromise and other types of tax relief. Optima also helps with tax relief for levies, wage garnishment, liens, the filing of back tax returns and other situations. Optima provides a ... read more

In compromise, budget panel agrees to new limits on motel housing program

A 1,100-room cap would kick in during the warmer months and be lifted during the winter. But eligibility during the colder months would be limited to households that meet certain vulnerability ... read more

There’s one thing standing in the way of a ceasefire: Netanyahu’s refusal to compromise

The Israeli PM has rejected the latest deal. Both he and Hamas’s leadership must stop playing politics with people’s lives, says Simon Tisdall, the Observer’s foreign affairs commentator ... read more