by James Wade | Mar 9, 2020 | Income Taxes, IRS, IRS Back Taxes, Tax Controversies, Taxpayers
How the IRS Offer-In-Compromise Process Works Before discussing the IRS offer-in-compromise process (or “OIC”), it is helpful to briefly tell you what an offer-in-compromise does. A taxpayer who has a large tax debt which cannot be paid off using either...
by James Wade | Jun 25, 2018 | IRS Back Taxes, Offers in Compromise, Tax Controversies, Taxpayers
What is an Offer-in-Compromise? Offers-in-compromise are one of the most powerful tools in my arsenal to completely resolve a client’s back taxes. If you listen to the radio or watch television you must have heard ads talking about settling your tax debts for...