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FOR IMMEDIATE RELEASE
(Free-Press-Release.com) May 22, 2009 -- HAVE TAX DEBT? HERE IS YOUR FEDERAL BAILOUT?

An Offer in Compromise is an excellent way to settle your tax debt with the IRS for much LESS money than what you currently owe.

An Offer in Compromise should be considered by all taxpayers who cannot pay the IRS in a lump sum. It is for those who do not have enough assets to sell or liquidate to satisfy their back Tax Debt. It is for those who will not have the future earnings to satisfy either the amount of Tax due (Penalties and Interest included).

At least one of three conditions must be met to qualify a taxpayer for consideration of an OIC settlement:

Doubt as to Liability
Doubt as to Collectibility
Effective Tax Administration

An Offer in Compromise will have no effect upon a Tax Lien. The lien will remain in effect until the offer is accepted by the IRS and the full amount of the offer has been paid in full.

An Offer in Compromise will stop Tax Levies under section 301.7122(g)(1) of the US Federal Tax Regulations. That regulation states that the IRS will not Levy upon a taxpayer's wages/property while a valid offer in compromise is pending and, if rejected, for thirty days after the rejection. If the taxpayer appeals the rejection, the IRS cannot levy while the appeals process is ongoing.
Under federal tax regulations, “[t]he IRS will not levy against the property or rights to property of a taxpayer who submits an Offer in Compromise, to collect the liability that is the subject of the offer, during the period the offer is pending, for 30 days immediately following the rejection of the offer, and for any period when a timely filed appeal from the rejection is being considered by Appeals.”

Once the IRS decides that an Offer is processable and that the Offer includes all the paperwork and forms properly filled out, the IRS must stop Levy actions under §6331. If the Offer is missing documents or forms, however, the IRS can return the paperwork to the debtor as un-processable, and can then Levy or Garnish your wages/property.

If you do an Offer in Compromise yourself, you have more than an 85% chance of failure. The IRS will not tell you why your paperwork was rejected. They will reinstitute collection action against you as quickly as they can. Penalties and Interest will continue to add to your Tax Debt. When you filed the "rejected paperwork", you just gave the IRS a roadmap to seize your assets.

Have a Tax Attorney represent you. Protect yourself. It will be worth it.

What are you waiting for? Stop "thinking about it". Be Pro-Active.

We will not accept any Case that will not benefit our client. You must be eligible and qualified.

OUR FEE FOR AN OIC: $1,200.00. (SEE UNFILED TAXES FOR FEES IF NOT COMPLIANT)

Senior Discounts Available. AARP Discounts Available.

Affordable Payment Plans Available to You.

To find out more, (CALL 1-866-226-6102)

Visit our Website: www.DWKtaxgroup.com

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