Tuesday, February 12, 2008

Offer In Compromise

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.

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