IRS Law Blog

Nothing feels worse than being unable to pay your taxes or missing a tax filing deadline. You already feel anxious and like the situation is out of your control – and then, on top of...

Owing a lot of money to the IRS can increase your chance of offer in compromise acceptance. You may not expect that having a big tax debt can help you in an offer in compromise,...

The IRS, like us, has been affected by the pandemic. So how should you plan for an offer in compromise during COVID? At the beginning of the pandemic, the IRS closed its offices, including their...

Time and time again, I hear from clients who received advice to file an offer in compromise from an IRS collection agent, their accountant, or a friend. They took the advice and had their offer...

In the back of your mind, a question lingers:  When is the best time to file an offer in compromise? You are right to wonder. The timing of your filing can make a big difference...

You just got your tax return back from your accountant. Or maybe you completed the return on your own with tax software. Either way, the result was terrifying. You owe money to the IRS that...

If you are self-employed and own a business, you know there are good months and not-so-good months. It can be seasonality (lawn care), or the ebbs and flows of the stock market (financial advisor), or...

You are tired of owing money to the IRS.  That is understandable.  Now, you find yourself considering filing an offer in compromise to settle and get a fresh start. Before you jump in, it is...

You want to the get the IRS off your back, and are considering an offer in compromise. After all, at the end of each month, after you pay your bills, you have little money left...

What’s the benefit of negotiating with a Settlement Officer? Sometimes, when negotiating with the IRS collection division, results can be based not only on the strength of your case, but also on who you talk...

An IRS collection agent throws a word or phrase your way, and you have no idea what he is talking about. He is speaking in the language of IRS and as they say, it is...

I always try to teach my kids the difference between needs and wants. You need to eat dinner; you want to eat at Chipotle. The same applies to an IRS offer in compromise. You need...

There are many pros and cons to deciding whether an offer in compromise is the right next-step in resolving your IRS debt. One thing is for sure:  An OIC is not a one-size-fits-all affair.  There...

It makes sense on the surface:  You are unemployed, owe the IRS money, and are considering an offer in compromise to settle your tax debt. Before you jump in, it is important to know that...

If you money to the IRS, you have taxpayer rights. Your rights are in the the Internal Revenue Code, which has laws that limit the power of the IRS collection division to collect, levy and destroy....

An offer in compromise is certainly appealing – forgiveness of your tax debt, tax liens released, freedom to use bank accounts and earn wages – all without looking over your shoulder for the IRS. But...

If you have a tax dispute with the IRS, expect negotiations to be different than what you may be accustomed to. In most negotiations, both sides have something at stake, something to gain and lose....