IRS offer in compromise might merit second look because of declining values

February 17th, 2009 by admin


Those taxpayers seeking to reduce their tax debt with an offer in compromise will be interested in news regarding declining home values from the IRS dated January 6th of this year. Additional Review for Offers in Compromise on Home Values: An Offer in Compromise (OIC), an agreement between a taxpayer and the IRS that settles the taxpayer’s [...]