Seven Suggestions for Achieving Success with Your IRS Offer in Compromise
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Here is how to succeed with your IRS Offer in Compromise, and ensure that your offer is accepted by the IRS for tax relief. The IRS has increased its collection effort for back taxes owed. Follow the seven suggestion for achieving success with your IRS Offer in Compromise like always seek the tax experts help, file tax return on time, pay all new taxes on time, treat IRS employees with respect, present your finance honestly, meet all deadlines and comply with all follow up questions. For more information read @http://goo.gl/pHLK8W
Transcript of Seven Suggestions for Achieving Success with Your IRS Offer in Compromise
Call us at: 631-244-1650
Visit @ www.longislandtaxresolution.com
Call us at: 631-244-1650
1: Hire A Tax Resolution Specialist
• Submission the OIC without the help of a tax resolution specialist decrease the chances for success.
• An experienced tax resolution specialist can help the taxpayer you qualify for an OIC in many ways.
Call us at: 631-244-1650
• Special OIC computer software analysis of the taxpayer’s finances can strengthen the package.
• An experienced tax relief specialist also guides the taxpayer through the OIC process.
Call us at: 631-244-1650
2: File Tax Returns On Time
• The Offer in Compromise is a one-time event.
• IRS does not routinely provide relief for taxes owed.
• Part of the goal of the OIC program is to teach the taxpayer compliancy.
• The taxpayer should file all unfiled tax returns.
Call us at: 631-244-1650
• This includes tax returns due during the OIC review period.
• Once the IRS accepts an offer.
• IRS oversee the taxpayer for 5 years after the date of acceptance of the offer.
• The taxpayer must remain compliant or the IRS will withdraw the offer.
Call us at: 631-244-1650
3: Pay All New Taxes When Due
• The IRS also wants the taxpayer to remain compliant by paying new taxes on time.
• For the same time period mentioned in Step #2.
• The IRS oversees the taxpayer for 5 years from the date of offer acceptance.
Call us at: 631-244-1650
4: Treat IRS Employees With Respect
• Success of an offer depend on how your tax resolution representative treat the IRS employees.
• Tax representative cannot choose who handles their OIC case.
• Our experience has been the IRS hires good people.
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• IRS employees are usually eager to help the taxpayer.
• IRS helps to resolve the taxpayers tax problem in a positive and friendly manner.
Call us at: 631-244-16505: Present Your Finances Honestly
• The taxpayer should never mislead the IRS.
• Taxpayers should not mislead or deceive the IRS with statements or documents.
• This will eventually sabotage the case.
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• Factual omissions will undermine the OIC process.
• This includes verbal, written or electronic communications of any form.
• Dishonesty can lead to charges of perjury.
• The IRS is expert at uncovering fraud.
Call us at: 631-244-16506: Meet All Deadlines
• The IRS treats all its deadlines seriously.
• Taxpayer should meet any deadline that IRS gives to them.
• Directly or through the tax resolution representative.
• Taxpayer should allow themselves plenty of time to meet all deadlines.
Call us at: 631-244-1650
7: Comply With All Follow-up Questions
Communication flow throughout the Offer in Compromise process is extensive.
Tax resolution specialist is best equipped to manage this flow.
They are familiar with exactly how and when to provide questioned information.
Call us at: 631-244-1650
• The tax specialist can guide the taxpayer toward presenting the information correctly.
• They guide the taxpayer toward meeting further questions in a timely and correct manner.
• A specialist is the taxpayer’s best method for communicating with the IRS.
We Are Here To Help You
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