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The IRS urges that you consider other payment options before sending them an offer in compromise. A tax lawyer or other professional may be able to help you submit a strong offer. Typically, the IRS will accept the OIC if they think that is realistically the most money they’ll be able t...
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In FY 2019, the agency auditedjust 0.45%of all personal income-tax returns, down from 0.59% in 2018 – marking eight straight years of declining reviews. In a Monday report, the IRS said that in 2010, 1.1% of tax returns were audited. The report did not provide details on audits by ...
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“Pass-Through Entity”, or PTE) clients arepaying their personal state taxes through the company. This is a very easy and predictable calculation, as Illinois charges a flat tax (not socially progressive, but it certainly is simple) and requires the annual liability to be divided by four ...
We provide affordable tax relief & resolve tax debt, unfiled tax returns, & IRS audits. Our tax attorney team are experts in IRS tax relief and tax resolution.
8. Partner with a tax debt relief company A debt relief company can help with your IRS tax debt. However, they only have access to the same routes you have as an individual. For example, they can negotiate with the IRS on your behalf, working to get you an installment agreement, offers...