Course Tag: Application

$49

OIC 102: Overview of the OIC Application Process

Overview of the Offer in Compromise Application Process. https://youtu.be/2FIA2Rv94cY This course focuses on a taxpayer’s ability to eliminate past-due federal income tax liability by establishing a repayment plan through the IRS “Offer in Compromise” program, which is commonly known as the “Fresh Start Initiative.”  An overview is presented to help navigate…
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$49

OIC 103: Who Submits the OIC Application?

Who is the Proper Party to Submit the OIC Application? https://youtu.be/sW6KfFiK8wo Before filing a formal Offer in Compromise application, a taxpayer may request a meeting in the IRS office which would have jurisdiction over the offer to explore the possibility of compromising unpaid tax liability.  26 C.F.R. § 601.203(d).  The Offer…
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