Two former high-level IRS agents say the Offer in Compromise program is being undermined by a wave of unqualified applications. The experts are advising taxpayers on how to spot red flags from firms ...

The Offer in Compromise (OIC) is a program by the IRS that allows individuals or businesses to settle their tax debt by paying less than the full amount owed. The IRS typically approves an OIC when ...

CLEVELAND — The 2025 IRS “Dirty Dozen” scam report warns taxpayers that scammers continue to target people who are trying to settle their debts with the agency. During tax season, scammers have ...

(MENAFN- GetNews) What Taxpayers Need to Know About the Hijacking of the IRS Offer in Compromise. The IRS Offer in Compromise (OIC) program has really been made a second chance lifeline to help ...

Question: I have built up multiple years of tax debt and have been living in fear of liens and garnishments. Are the television ads true? Is there a way I can make a deal for a lesser amount so I can ...

But while the IRS has a reputation for being relentless when it comes to collecting unpaid taxes, the tax agency understands that not everyone has the means to pay off their full tax bill. That's ...

The 2025 IRS “Dirty Dozen” scam report warns taxpayers that scammers continue to target people who are trying to settle their debts with the agency. During tax season, scammers have consistently been ...

The Internal Revenue Service cautioned taxpayers to steer clear of promoters who claim their services are needed to handle unpaid debts, saying such businesses often charge excessive fees and often ...

he Eighth Circuit Court of Appeals held that courts can review an IRS decision to reject a taxpayer’s offer in compromise. Ronald Speltz exercised incentive stock options to buy shares of McLeod ...

Quarterly estimated tax payments apply to individuals and businesses whose income is not fully covered by withholding.