How 'bout them new OIC rules? Starting today (7/16) you have to pay 20% at the time you submit the offer, and they get to keep it even if they turn you down! Most successful offers tap assets that the IRS could not otherwise reach--in other words, you borrow from your family. Now you have to beg for that money without even the promise that it will solve your problem.
If you are proposing periodic payments, you must begin the payment schedule with the offer and continue it while the IRS isthinking about it. If you were already on a payment schedule, plan on paying double for the next two years!
If you are proposing periodic payments, you must begin the payment schedule with the offer and continue it while the IRS isthinking about it. If you were already on a payment schedule, plan on paying double for the next two years!
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