Offers In Compromise The Offer in Compromise (or OIC) program, in the United States, is an Internal Revenue Service (IRS) program under 26 U.S.C. § 7122 which allows qualified individuals with an unpaid tax debt to negotiate a settled amount that is less than the total owed to clear ...
At JG Tax Group, over 96% of our ‘Offers in Compromise’ submitted to the IRS have been approved! Our up-to-date inside knowledge of the IRS has enabled us to create a unique software-based system incorporating internal IRS guidelines, protocols and procedures to maximize savings and accept...
The acceptance rate remains relatively low for those seeking an Offer in Compromise, even under Fresh Start's expanded criteria. The application process also requires extensive documentation and a non-refundable application fee. As a result, it's not uncommon for taxpayers to spend considerable time...
If you accept an adjusted refund, there’s no need to do anything. If you accept that you made a mistake that requires you to pay additional taxes, in many cases you'll send in the response page that indicates your acceptance of the IRS notice, along with a check for the additional am...
How do I know if a full-pay installment agreement, partial-pay installment agreement, Offer in Compromise, Currently Not Collectible Status, or some other option is right for me? The best way to know which option is right for you is to speak with a professional with experience dealing with...
Offer in Compromise: Form 656 Installment Agreement:Onlineor Form 9465 and aCollection Information Statement Currently Not Collectible Status:Must call IRS directly at 800-829-1040 Penalty Abatement:Form 843 You may negotiate your options with the IRS. This discussion is usually between you and the...
Find Out More... Need an ITIN? TaxGenuity Tax Expertshas a staff of Certifying Acceptance Agents who can help you to easily get yourITINwithout sending your passport to the IRS. Find Out More...
Find Out More... Need an ITIN? TaxGenuity Tax Expertshas a staff of Certifying Acceptance Agents who can help you to easily get yourITINwithout sending your passport to the IRS. Find Out More...
Find Out More... Need an ITIN? TaxGenuity Tax Expertshas a staff of Certifying Acceptance Agents who can help you to easily get yourITINwithout sending your passport to the IRS. Find Out More...