american tax relief commercial

[binkthefisher]

r u kidding? A couple owed 3 million and only paid 1 million? What do you do to owe 3 mill and who got stiffed?

[hookinfinger]

Originally Posted by binkthefisher

r u kidding? A couple owed 3 million and only paid 1 million? What do you do to owe 3 mill and who got stiffed?

They probably started off owing a hundred bucks and the rest is penalties and interest.



Dennis

[BLT]

Owned their own business, we got the shaft, I'd like to shoot 'em, and their laywer.

[speedracer]

Its misleading. The bulk of the amount the taxpayer owes is interest and penalties. They work out a deal with the IRS where they pay a smaller amount

This happens only after the IRS thoroughly investigates you to make sure you are unable to pay the full amount. They will only let you off the hook if your are truly broke.

[binkthefisher]

Originally Posted by go_speedracer_go

Its misleading. The bulk of the amount the taxpayer owes is interest and penalties. They work out a deal with the IRS where they pay a smaller amount

This happens only after the IRS thoroughly investigates you to make sure you are unable to pay the full amount. They will only let you off the hook if your are truly broke.

Paying 1 million....ain't broke....just saying

[speedracer]

Originally Posted by binkthefisher

Paying 1 million....ain't broke....just saying

These people are paying 1 mil. but its everything they have. If they had more money the IRS would take it too.

[J Powers]

It's called an Offer-in-Compromise. Used to be a little known procedure that even the IRS collection division was not allowed to discuss unless the taxpayer first made an inquiry about it. Now it's an industry that the IRS is not happy about and makes difficult to take advantage of.

[Kings over Queens]

Originally Posted by J Powers

Now it's an industry that the IRS is not happy about and makes difficult to take advantage of.

Everything about the IRS is difficult.

Now watch...I'll probably get audited.