10 likes | 22 Views
OFFER IN COMPROMISE An OIC allows a taxpayer to pay a lower quantity to please the whole tax obligation financial obligation. Throughout the approval procedure, the IRS checks out a taxpayeru2019& rsquo; s economic scenario and also contrasts the taxpayeru2019& rsquo; s entire tax obligation debt to their existing financial standing. If accepted into the OIC program, the taxpayer will certainly go through continual review of their monetary status to make certain that they can not pay for to make larger tax settlements.
E N D