San Diego Offer in Compromise - Just How To Submit An OIC With The internal revenue service
What is The IRS Offer in Comprise ( OIC ) Along With How Does It Work ? Revenue tax is a kind of tax levied by the federal government on individuals , corporations , and also other entities . The IRS collects earnings tax from the residents of the United States as well as it is the obligation of the IRS to make certain that the taxes are paid promptly . The IRS has a system called the Offer in Compromise , which permits individuals who owe back taxes to get out of paying them off . This is a lawful contract in between you as well as the IRS that you will agree to pay off your back tax obligations in a particular method , in exchange for some leniency . If you have been unable to pay your back tax obligations due to the fact that of a clinical emergency or due to the fact that of various other unexpected situat...