subject: IRS Offer-in-Compromise – Instant Tax Relief? [print this page] The OIC is a program that the IRS allows people who use the IRS for not owe money to pay so much. Not only upset because I tell you: Let your FAR from instant, and anything but free.
2. Not guilty of what they say, you do. (Remember, the IRS is right in general!)
Understandably, these two situations must be demonstrated. The up to you to do it! It seems asWhen you receive the correct form (you can find it below), complete it and submit it before you get a chance to have this offer. But wait! There are a few things you should know!
1. Only about 20% of the requests go through.
2. Filing is not free (it is a $ 150 application fee and 20% down payment *).
3. You need 3 months of documentation. I guess to prove it to your insolvency or your innocence.
Before you're feeling down there are people whopaid for "pennies on the dollar" and eliminate their tax liability. The simply not so widespread, so much the best chance possible, you should really consult a professional who often deals with the IRS. They will help you find the best opportunities possible in eliminating your debt.
If you are planning, hiring a "professional help" to you, is the "wolves in sheep's clothing to be" cautious. Some Internet companies do not really established themselves. These companies are just out to make a fast buck, and do not care if you get the tax reduction. They just want your money.
If you think you qualify for an OIC, you will find a trustworthy company that can call you and discuss your situation. A good company will talk to you, without demanding payment. Once you get a little more background info on this subject, you can either hire someone to help you, or the OIC file.
There is another thing that people are available to the OIC. If someone files and offer-in-compromise,> IRS takes about a month to look over them, so filing, even if it is not possible to bargain with the IRS, could delay your payment for a month. You really should find more information about this topic before the experiment
