A common misconception of requesting an extension of time to file a tax return is that the extension provides additional time to file and pay your taxes. An extension only extends the time in which to file the tax return…
Read More...Many people, including experienced real estate agents, escrow officers and other tax professionals do not understand that real property with a Federal Tax Lien balance that exceeds the equity in the property can be sold without paying the Federal Tax…
Read More...Offer-in-Compromise (OIC) An offer in compromise (OIC) allows you to settle your tax debt for less than the full amount you owe. Not all taxpayers qualify for an OIC. If you qualify, it is usually the best option as…
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