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binkthefisher

american tax relief commercial

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View Postr 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.

 

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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.

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View PostIts 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

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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.

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