Offer In Compromise - TSI
Let us briefly explain how the Offer in Compromise program works. This is an agreement between you and the IRS that satisfies your tax liability. The IRS will accept less than full payment under the following circumstances:. Doubt exists that you could ever pay the full amount of tax owed. There is no doubt the tax is correct and no doubt the amount owed could be collected, but an exceptional circumstance exists. This could be an economic hardship or full payment would be unfair and inequitable. This pro...
Unfiled Tax Returns - TSI
The Internal Revenue Service Criminal Investigation Division is shifting its focus from drug crimes and money laundering to traditional tax crimes involving abusive trusts, employment taxes, nonfilers,. And return prepapers, CI Chief Mark Matthews said Jan. 22, 2002 on Tax Talk Today. Please understand, the IRS is looking. Have all of your unfiled returns prepared and filed immediately. CONTACT US. If not us, contact another tax professional. If you contact us,. We will prepare your returns.