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Who Qualifies for an IRS Offer in Compromise? Understanding Eligibility Requirements

Leave a Comment / Laws and Regulations, Tax Preparation /

Facing overwhelming tax obligations can be a daunting encounter. Luckily, the Internal Revenue Service (IRS) offers a lifeline in the shape of an Offer in Compromise (OIC). This program permits citizens to settle their tax liabilities, if any, for less than the complete sum owed, giving much-needed financial relief. In any case, picking up approval […]

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Demystifying the IRS Statute of Limitations: What You Need to Know About Time Limits for Tax Debt

Leave a Comment / Tax Debt Relief & Hardship, Tax Preparation /

In todayโ€™s world, taxes have become a well-known term among people worldwide. Taxes are generally the most fundamental way of giving money to the government for the services and resources it provides its citizens throughout the nation. The government collects taxes based on the income of the people, irrespective of the job they are doing. 

Demystifying the IRS Statute of Limitations: What You Need to Know About Time Limits for Tax Debt Read More ยป

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