IRS Tax Help. What You Must Know Before You File an IRS Offer in Compromise.

FOR IMMEDIATE RELEASE
(Free-Press-Release.com) April 21, 2010 -- An IRS Offer in Compromise ( also known as an OIC ) is an excellent way to receive IRS Tax Relief and
Settle your IRS Tax Debt with the IRS for much LESS than what you currently owe.
Stop the Threats of an IRS Wage Levy / IRS Wage Garnishment against your assets and paycheck.
Stop the IRS from Executing an IRS Wage Levy / IRS Wage Garnishment against your assets and
paycheck.
Stop the IRS from an IRS Wage Levy against your Social Security or Social Security Disability (SSDI)
benefit.
Stop your sleepless nights.

An IRS Offer in Compromise ( also known as an OIC ) is an excellent way to receive IRS Tax Relief and
Settle your IRS Tax Debt with the IRS for much LESS than what you currently owe. This form of IRS Tax
Relief Settlement of your IRS Back Tax has been commonly known, in the past, as "pennies on the dollar".
Stop your anxiety.
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Hawaii and Alaska, with Real IRS Tax Help .
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Taxpayers seeking IRS Tax Help and IRS Tax Relief, who do not have enough assets to sell or liquidate to
satisfy your back IRS Debt, should seriously look at the IRS Offer in Compromise program.
Taxpayers seeking IRS Tax Relief, who do not have enough assets to sell or liquidate to satisfy your back
IRS Debt, should seriously look at the IRS Offer in Compromise program.
At least one of three conditions must be met to qualify a taxpayer for IRS Debt Relief consideration of an
IRS Offer in Compromise (OIC) Tax Settlement:
Doubt as to Collectibility — You, the Tax Debtor, can show that the IRS Tax Debt is likely uncollectable

in full by the IRS under any circumstances. Doubt exists that you, the taxpayer, could ever pay the full
amount of your tax liability owed within the remainder of the statutory period for collection.
Doubt as to Liability — You, the Tax Debtor, can show reason for doubt that the assessed tax liability is
correct. A legitimate doubt exists that the assessed tax liability is correct. Possible reasons to submit a doubt
as to liability Offer in Compromise include: (1) the examiner made a mistake interpreting the law, (2) the
examiner failed to consider the taxpayer’s evidence or (3) the taxpayer has new evidence.

Effective Tax Administration — You, the Tax Debtor, do not contest your IRS Tax Debt liability or
collectibility but can demonstrate extenuating or special circumstances that the collection of your IRS Tax
Debt would "create an economic hardship or would be unfair and inequitable." This IRS Offer in
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Compromise (OIC) program is available for you, the taxpayer, but is primarily used by individuals that are
elderly (Social Security), disabled ( Social Security Disability / SSDI), or have special extenuating
circumstances.

An IRS Offer in Compromise (OIC) will have no effect upon a IRS Tax Lien. The IRS Tax Lien will
remain in effect until your IRS Offer in Compromise is accepted by the IRS and the full amount of the
Offer in Compromise (OIC) has been paid in full.
An Offer in Compromise will stop your IRS Wage Garnishment / IRS Wage Levy / IRS Bank Levy under
section 301.7122(g)(1) of the US Federal Tax Regulations. That regulation states that the IRS will not
Execute an IRS Wage Levy / IRS Wage Garnishment upon your wages / paycheck or property while a valid
Offer in Compromise is pending and, if rejected, for thirty days after an Offer in Compromise rejection. If

you, the taxpayer appeal the rejection, the IRS cannot Execute an IRS Wage Levy / IRS Wage Garnishment
while the appeals process is ongoing.
Under Federal Tax Regulations,
1. The IRS will not Execute an IRS Wage Levy / IRS Wage Garnishment or Levy against the property or
rights to property of a taxpayer who submits an IRS Offer in Compromise,
2. The IRS will not collect the liability that is the subject of the IRS Offer in Compromise (OIC), during
the period the Offer in Compromise is pending,
3. The IRS will not proceed with collection for 30 days immediately following the rejection of the IRS

Offer in Compromise, and for any period when a timely filed appeal from the rejection is being considered
by Appeals.
Once the IRS decides that your IRS Offer in Compromise (OIC) is processable for IRS Tax Relief and that
the IRS Offer in Compromise includes all the paperwork and forms properly filled out, the IRS must stop
IRS Wage Garnishment / IRS Wage Levy / IRS Bank Levy actions under §6331.
Paying Your IRS Offer in Compromise.
In general, a taxpayer must submit a $150 application fee and initial payment along with the Form 656,
Offer in Compromise. Taxpayers may chose to pay their offer in compromise in one of three payment
options:

1. Lump Sum Cash Offer - Payable in non-refundable installments, the offer amount must be paid in five
or fewer installments upon written notice of acceptance. A non-refundable payment of 20 percent of the
offer amount along with the $150 application fee is due upon filing the Form 656.
If your IRS Offer in Compromise will be paid in 5 or fewer installments in 5 months or less, the Offer in
Compromise amount must include the realizable value of assets plus the amount that could be collected
over 48 months of payments or the time remaining on the statute, whichever is less.

If your IRS Offer in Compromise will be paid in 5 or fewer installments in more than 5 months and within
24 months, the offer amount must include the realizable value of assets plus the amount that could be
collected over 60 months of payments, or the time remaining on the statute, whichever is less.
If your IRS Offer in Compromise will be paid in 5 or fewer installments in more than 24 months, the offer
amount must include the realizable value of assets plus the amount that could be collected over the time
remaining on the statute.
2. Short Term Periodic Payment Offer - Payable in non-refundable installments; the Offer in Compromise
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amount must be paid within 24 months of the date the IRS received the Offer in Compromise. The first
payment and the $150 application fee are due upon filing the Form 656. Regular payments must be made
during the Offer in Compromise investigation.
3. Deferred Periodic Payment Offer - Payable in non-refundable installments; the Offer in Compromise
amount must be paid over the remaining statutory period for collecting the tax. The first payment and the
$150 application fee are due upon filing the Form 656. Regular payments must be made during the

investigation.
.Low Income Exemption and Guidelines:
The application fee is waived if your (not a corporation, partnership or other entity) income falls at or
below IRS Low Income Guidelines. Qualifying taxpayers are also exempt from making any OIC payments
while your Offer in Compromise is being investigated.
Five Year Compliance
If your IRS Offer in Compromise is accepted, you must timely file all tax returns and timely pay all tax for
five years or until the offered amount is paid in full, whichever period is longer. Failure to adhere to these

terms will result in default of your IRS Offer in Compromise and the IRS may then collect the amounts
originally owed plus penalties and interest.
Have a DWK Tax Attorney represent you. Protect yourself. It will be well worth it.
What are you waiting for?
Stop "thinking about it".
Be Pro-Active.
Save yourself from further stress and anxiety.
Isn't it time for you to get out from under the IRS Tax Debt that you have been carrying all these years and
receive some IRS Tax Relief?
DWK TAX RELIEF FEE FOR AN IRS OFFER in COMPROMISE: $1,600.00.
Senior Discounts Available. Affordable Payment Plans Available to You.

You Are a Phone Call Away from Real Help: 1 - 8 6 6 - 2 2 6 - 6 1 0 2
To Inquire via the Internet, Visit the DWK TAX GROUP Website at:
http://dwktax.com/offer-in-compromise.html
###
http://dwktax.com: Your Nationwide Internet Tax Resolution Company provides all 50 States, including
Hawaii and Alaska, with IRS Tax Relief representation. We Guarantee to Stop Your IRS Wage
Garnishment / IRS Levy within 1 to 5 Business Days.
Category Accounting, Consumer, Finance
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