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Archive for the 'Offer in Compromise' Category

An Offer in Compromise, what to expect

Tuesday, October 27th, 2009

First and foremost an Offer in Compromise (OIC) should only be used as a last resort.  The IRS will not settle on taxes that a tax payer can repay, and the filing of an OIC suspends the statute of collection.  We represent people every day, we file an OIC only when it is the best [...]