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Offer in Compromise

An offer in compromise allows you to settle your tax debt for less than the full amount you owe. It may be a legitimate option if you can't pay your full tax liability, or doing so creates a financial hardship. We consider your unique set of facts and circumstances: Ability to pay;Income;Expenses; andAsset equity. We…
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Tips for troubleshooting common after-tax-day issues

While the deadline to file and pay federal income taxes has passed for most people, some taxpayers may still be dealing with tax-related issues.Here are some tips for taxpayers handling some of the most common after-tax-day issues.Check refund statusTaxpayers can check on their refund using the Where's My Refund? tool. It is available on IRS.gov…
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2021 IRS Virtual Nationwide Tax Forum begins in July

Tax pros may earn continuing education credits and more IRS YouTube Video: 2021 IRS Tax Forum Will Be Virtual – English IR-2021-118, May 24, 2021 WASHINGTON — The Internal Revenue Service today announced that the 2021 Virtual IRS Nationwide Tax Forum will be held over five weeks starting July 20, with a series of live-streamed…
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