Tax Relief Blog
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IRS Low Income Certification
What if I can't afford to submit my OIC to the IRS
Jan 4, 2016 by
If you meet the Low Income Certification requirements, you will not be required pay the IRS $186 Offer in Compromise (OIC) application fee, nor will you be required to send in your first monthly payment or make monthly payments while your OIC is under review. See the table below and IRS form 565 for more information.
*Taken from IRS Offer in Compromise Booklet revised 01.2014
When you hire Fresh Start Tax Relief, we'll help you determine your total tax debt, your total penalty balance, your CS...
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Offer in Compromise Low Income Certification
Jul 28, 2014 by
We all know that the IRS Offer in Compromise (OIC) is an option available to some delinquent taxpayers to settle their federal tax debt for less than the total amount owed. But the finer points of the OIC are what you need to know in order to successfully submit your Offer and increase your chances of success. Here's a quick tip for those delinquent taxpayers that are really struggling financially.The IRS OIC has an application fee of $186. If you meet the IRS Low Income Certification r...