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Huntsman | Lofgran How Exactly Does an Offer in Compromise Work with the IRS?

Monthly Archives: May 2014

How Exactly Does an Offer in Compromise Work with the IRS?

An Offer in Compromise is the one and only way that the IRS will voluntarily write off back taxes owed by you or your business.  It is true that bankruptcy can discharge income taxes; however bankruptcy cannot discharge payroll taxes for a business or the owner of that business.  It also cannot discharge any self-employment… Read More »

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