Beat the IRS at their own game
Regardless of the recent media coverage about the Kinder and Gentler IRS, the IRS is extremely reluctant to accept Offers in Compromise.
In determining the amount that the IRS could collect from you, the IRS uses a formula called Reasonable Collection Potential to arrive at a minimum acceptable offer amount. In determining the Reasonable Collection Potential the IRS looks at the following two factors: Your Realizable Value of your assets, and your Future Income. If your situation does not fall into the IRS's range, your offer will be rejected. However, MyOfferInCompromise will evaluate your Reasonable Collection Potential to help you plan and navigate your IRS settlement. You will be alerted to some of IRS' most common tricks and traps.
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MyOfferInCompromise is not intended to be used as legal advice and is not intended as a substitute for professional help. We strongly recommend that you consult legal counsel or other professional prior to submitting an offer in compromise. You must review and agree to Terms Of Use prior to using this site or downloading MyOfferInCompromise package. MyOfferInCompromise all rights reserved 2004. |