Before jumping in with an offer in compromise, it is important to understand how the standardized IRS expense allowances apply to you, and how they can benefit you. Here is a valuable offer in compromise...
Read PostCategory: Collection Financial Standards, Form 433A, IRS Financial Statements, Offer in compromise
If you are having trouble convincing the IRS to release a levy or seizure of your property, bankruptcy may be the solution. The filing of a bankruptcy creates what is known as an automatic stay...
Read PostCategory: Bankruptcy - Chapter 13, Bankruptcy - Chapter 7, Bankruptcy and the IRS, IRS levies and property seizures
The offer in compromise program is the best known way to solve an IRS problem. The compromise program is so popular that I often see clients who have submitted multiple offers, each one having been...
Read PostCategory: IRS Financial Statements, Offer in compromise, Statute of limitations on collections