on 3/26/2009
I do offers in compromise for a living. IRS has its method of calculating what minimum offer it will accept. If your debt is $100 over the minimum required offer or $250,000 over the minimum required offer, IRS will accept it. Settling for "pennies on the dollar" is only real, if you owe IRS a bundle and have little by way of assets, i.e., little equity in real estate, no retirement funds, low or no wages, no investments, etc., to pay. Usually, "pennies on the dollar are just a get rich quick scheme for the "expert."
fitzcents said
on 8/14/2009 Thanks for these informational tips! 5*, rec, and a sub too!
melly1143 said
on 6/15/2009 Great info - I give this advice a lot! 5* plus a rec
Cinda Roth said
on 4/29/2009 Very good information on debt settlement thank you
taxattorney said
on 3/26/2009 I do offers in compromise for a living. IRS has its method of calculating what minimum offer it will accept. If your debt is $100 over the minimum required offer or $250,000 over the minimum required offer, IRS will accept it. Settling for "pennies on the dollar" is only real, if you owe IRS a bundle and have little by way of assets, i.e., little equity in real estate, no retirement funds, low or no wages, no investments, etc., to pay. Usually, "pennies on the dollar are just a get rich quick scheme for the "expert."
barnrestorer said
on 3/24/2009 thanks
Terri Brisbane said
on 3/23/2009 I have done this without any success. You gave very accurate information on oic. All the same things we paid a lawyer for. 5
starlet67 said
on 3/16/2009 Great guidelines for debt settlement and the IRS!5*
Amy Laine said
on 3/11/2009 Great advice on How to Settle Your IRS Debt
sonni57 said
on 3/11/2009 Well done article on IRS debt and good info.
emuman1 said
on 3/11/2009 Great article. Well written 5*
gerrie5044 said
on 3/10/2009 Great article..putting in my favs..5*
emuman1 said
on 3/6/2009 Good to know. Great article!
pinchy said
on 2/24/2009 great article!!
javanx3d said
on 2/14/2009 Great article! Thanks for the info.
javanx3d said
on 2/14/2009 Great article! Thanks for the info.