Tag Archives: Offer-in-Compromise

Offer-in-Compromise

Posted on May 31, 2016 by Camron Hoorfar

An Offer-in-Compromise is an agreement between the IRS and the taxpayer that settles the taxpayer’s tax debt and allows the taxpayer to pay less than the full amount that is owed.  Whenever you watch TV and you see a commercial … Continue reading →

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2014 Tax Tip #8 – IRS Fees

Posted on December 24, 2014 by Camron Hoorfar

The filing fees for installment agreements have increased to $120.00 and the filing fees for offers-in-compromise have increased to $186.00.  If you need assistance getting an installment agreement or offer-in-compromise, contact our office at 816-524-4949.

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Tips When you Owe the IRS

Posted on August 13, 2014 by Camron Hoorfar

If you owe the IRS any money, here are a few tips that you might be able to use to remedy your situation: 1. Payment in full. This one is pretty straight-forward. If you pay your tax bill in full, … Continue reading →

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Tax-filing and Payment Extensions Expire Oct. 15; Check Eligibility for Overlooked Tax Benefits; Choose e-file; Payment Options Available

Posted on October 2, 2013 by Camron Hoorfar

The Internal Revenue Service today urged taxpayers whose tax-filing extension runs out on Oct. 15 to double check their returns for often-overlooked tax benefits and then file their returns electronically using IRS e-file or the Free File system. Many of … Continue reading →

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Eight Tips for Taxpayers Who Owe Taxes

Posted on August 2, 2013 by Camron Hoorfar

While most taxpayers get a refund from the IRS when they file their taxes, some do not. The IRS offers several payment options for those who owe taxes. Here are eight tips for those who owe federal taxes. 1. Tax bill … Continue reading →

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More Flexible Offer-in-Compromise Terms Help Taxpayers Make a Fresh Start

Posted on July 9, 2012 by Camron Hoorfar

The IRS has expanded its “Fresh Start” initiative by offering more flexible terms to its Offer-in-Compromise Program. These newest rules enable some financially distressed taxpayers to clear up their tax problems even quicker. An offer-in-compromise (OIC) is an agreement between … Continue reading →

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Offer-in-Compromise Terms Made More Flexible

Posted on June 13, 2012 by Camron Hoorfar

The IRS has announced another expansion of its Fresh Start initiative by offering more flexible terms to its Offer-in-Compromise (OIC) program that will enable some of the most financially distressed taxpayers to clear up their tax problems, and in many … Continue reading →

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