A Fresh Start for Taxpayers: The Offer in Compromise
By EsqSocial Corporation 22/10/20
IRS debt can be a life-changing burden. But for some taxpayers, an offer in compromise may be an avenue to get rid of that tax debt and to receive a fresh start. When a taxpayer qualifies for an offer in compromise, the IRS agrees to settle the tax debt for less than is actually owed. The IRS then wipes the rest of the tax liability off the books—as long as the taxpayer complies with the requirements that come with an offer in compromise....
By: Freeman Law