by James Wade | Sep 10, 2020 | IRS, IRS Back Taxes, IRS Offer-in-Compromise, Offers in Compromise
Paying for Your Offer In Compromise – Which is the Best Way? We have talked a lot about offers-in-compromise but a question not often asked is: which way is best to pay for the offer? The answer may surprise you. Fees Before addressing how the offer is paid for,...
by James Wade | Jul 27, 2020 | IRS, IRS Offer-in-Compromise, Offers in Compromise
What are the Cons of an Offer-in-Compromise? Nothing comes in life for free. Offers are no different. I can list off about a dozen things which could make an offer a bad idea. I will talk about the top three things as this is what gets people 90% of the time. I will...
by James Wade | Jul 6, 2020 | IRS, IRS Back Taxes, IRS Offer-in-Compromise, Offers in Compromise
Bankruptcy versus Offer in Compromise, A Comparison What is Different? Bankruptcy OIC Who runs the process A court process where IRS is just one of many creditors. An administrative process controlled by the IRS. Which tax debts are dischargeable Tax debts are...
by James Wade | Jul 6, 2020 | Income Taxes, IRS, IRS Back Taxes, Taxpayers
Podcast Episode 11: Can’t Pay Your Taxes? What to Do. In this episode, Jerrod Oltmann and I discuss what your options are if you can’t pay your taxes on July 15th....
by James Wade | Jun 26, 2020 | Income Taxes, IRS, IRS Back Taxes, Tax Controversies, Taxpayers, Unfiled Taxes
Podcast Episode 10: Tax Preparers Gone Wild In this episode, Jerrod Oltmann and I discuss tax preparers gone wild or tax preparers who either fail to file a return themselves or help their clients to avoid paying their taxes....