Dec 16, 2021
What is an Offer In Compromise? (OIC)
You can apply for an Offer in Compromise with the IRS to prove to them that:
(1) You're in compliance
(2) You filed all outstanding tax returns
(3) You've made estimated payments for your current liability
(4) Based on your current income, expenses and your current equity...
Dec 7, 2021
Suppose you know that you are not liable for your former spouse or current spouse's tax liability; you may qualify for the Innocent Spouse Relief.
There are several types, but the key thing to realize is that you agree to the whole liability when you sign a joint tax return. For example, if you file a tax return and...