The truth about Offer In Compromise !
I have been working at Effectur Inc for a few months now.After taken a few instructional classes, I have learned that the Offer In Compromise (OIC) resolution (that so many deliquent tax payer's) is qiute diffucult to achieve ! Did you know that out of all accepted OIC's, 40 % will go into an Currently Not Collectible (CNC) status? Secondly, on accepsted OIC's, over 80% of these taxpayer's stay compliant and stay in the tax system. When filing an OIC, it is imperative that you stay complaint on all your returns or ES tax payments !
Below are some of the advantages of an OIC:
*Liability is gone forever, meaning you recieve a fresh new start as long as you comply
*Future levies are eliminated
*A tax lien is removed , and all of its effects are released. However if you file Bankruptcy, the IRS will leave a lien in place.
All this being said, you will be able to finally legitimize your financial aspects of your life.
Tuesday, February 12, 2008
Offer In Compromise
Posted by Anonymous at 3:07 PM
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