Need Tax Relief? 4 Ways To Boost Your Offer In Compromise
Are you stuck with a high tax bill and little means to pay it? While the IRS won't make your income tax obligation go away entirely, you may be able to get them to accept less than the full amount.
The IRS has a tax relief program in place called 'offer in compromise' (OIC). This program allows agents to settle with you over a tax bill, at a negotiated rate. Sound too good to be true?