Tuesday, July 15, 2014

IRS Offer in Compromise tips

IRS Offer in Compromise tips

http://ift.tt/1qDqrYb Did you know that 75% of Offers in Compromises submitted are rejected? And of those that are accepted, how many times have taxpayers paid more than they needed to? In this video, I give some great tips to get an optimal offer in compromise accepted by the IRS. Like: Making sure you are aware of the allowable expenses and have explanations for the expenses that are over the allowable. Making sure you took the most beneficial snap shot of your financial picture as legally possible. Making sure you have properly addressed any equity positions WITHOUT dissipating assets. In the case of rejecting, knowing how to request an expense, income and asset table from the OIC examiner to maximize your chances of success on appeal, or an alternative resolution. http://www.irsmedic.com http://ift.tt/U832Tz Anthony Parent

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