Many of us request IRS an Offer in Compromise but often we end up damaging our offer that leads to rejection of the OIC application. Find here, some of the ‘don’ts’ associated with an IRS Offer in Compromise. These practices improve the chances of getting your OIC accepted and unburdening you of the taxes. Find

An Offer in Compromise is always the last resort when you cannot see any hopes to pay the delinquent taxes. If the request is made with all legal proofs and explanation for financial incompetence then there are fair chances of getting an IRS OIC approval. However, one thing that needs to be understood is that

I have written about this topic before, but I still find many small businesses operating as a sole proprietor.  In my opinion, it is one of the worst ways to operate a small business if your goal is to save tax dollars.  There are other ways to operate that are considered favorable tax treatment for

For all those non-filing taxpayers, it becomes urgent and important to get details about tax return obligations and how to start the returns filing process at the earliest. If you have delinquent taxes then also you need to check with your tax service provider to become regular with returns process. It is best to start