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Wondering what it takes to settle with the IRS? The main things the IRS focuses on when considering an Offer in Compromise are: * Net monthly income (gross monthly income - expenses) * Assets * Hardship/Extenuating circumstances It’s a long process and difficult for taxpayers to manage, but a tax resolution specialist that knows what exactly the IRS is looking for can make all the difference. Our most recent successful Offer in Compromise was accepted for $8,000 to erase $171,000 of tax debt. These clients were going through a serious medical hardship with their child, so their accepted OIC was the ultimate life changer for them. Now they can dedicate 100% of their time and attention on their child and will no longer be worried about how they’re going to dig themselves out of the giant hole the IRS put them in. Most importantly, this was my longest video to date so don’t count how many times i said um😂 Reach out with any questions at: chloe@fairtaxsolutions.com #wealthtips #IRS #getoutofdebt #taxresolution #businessowner #taxresolution #taxresolutionspecialist #irs #taxdebt #cpa #enrolledagent #taxproblem #taxproblemsolver #taxprofessional #taxrelief #refund #tax #inflation #audit #irsaudit #taxaudit #offer #offerincompromise #irspaymentplan #irsproblem #irsdebt

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