oil: IRS Offer-in-Compromise in Stamford, Connecticut: How does the IRS determine what to accept for an Offer-in-Compromise?
- 10/26/11 03:47 PM
We frequently represent clients who want to resolve their outstanding IRS federal tax debt with an Offer-in-Compromise in Stamford, Connecticut often ask us how much they have to offer? The truth is it depends upon the individual’s personal financial situation. The IRS looks to obtain what it can based upon the taxpayer’s Reasonable Collection Potential, or “RCP.” It is the RCP that will determine whether the taxpayer’s Offer-in-Compromise is ultimately accepted by the IRS. So what is involved with the RCP? For our clients in Stamford, Connecticut and elsewhere, the RCP consists of what the IRS could expect to collect from … (0 comments)
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We frequently represent clients who want to resolve their outstanding IRS federal tax debt with an Offer-in-Compromise in Stamford, Connecticut often ask us how much they have to offer? The truth is it depends upon the individual’s personal financial situation. 
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