Changes should improve offers in compromise program

01/5/2013 | Tax Adviser, The

Many practitioners, discouraged by the low number of offers in compromise the Internal Revenue Service has historically accepted and the length of time it takes to resolve cases, may avoid representing taxpayers in the OIC process. New changes and improvements in the process should make the offer in compromise process better, and practitioners with financially troubled clients may want to give it a second look.

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Tax Adviser, The

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