Tag: irs - Law Offices of Daily & Toups

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Offer in compromise: How to Get the IRS to Accept Your Offer

Would you like to wipe your tax slate clean at an enormous discount? The IRS has accepted less than 1% of a tax bill and called it even. There is no legal right to ever have a valid tax bill reduced by the IRS. It is entirely a matter of government discretion whether or not you qualify for an Offer in Compromise—referred to as an Offer or an OIC. In all but a few instances, the...

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