Demetrius J. Karos, Ltd. Tax Representation From A Former IRS Employee

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April 2017 Archives

An Offer in Compromise May Lead to a Fresh Start

An offer in compromise is a great way to get a fresh start and out from under a large tax liability. The IRS does look at assets available and ability to pay in order to come to a reasonable offer amount to settle past liabilities. While this seems simple, there are nuances along the road and professional guidance is a good idea. Below are good preliminary steps to be aware of during the initial stages of the process.

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