Category Archives: Fresh Start

Offer In Compromise – The worst things to do.

#1 Wait! As soon as you know that you’re going to have a tax debt you need to get on top of it. That doesn’t mean that you’re going to settle right now. It means that you’re going to start … Continue reading

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Call Optima Tax Relief for the Fresh Start Initiative, says Mark Levin.

On the Radio Optima Tax Relief is one of the Nations largest Tax Resolution Companies. Mark Levin is one of the biggest radio talk shows in America. It makes sense to call them, or does it?. Why? We all have … Continue reading

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IRS 433A Financial Statement

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NEVER submit a 433A Financial Statement or even talk about financial information with the IRS without Professional help! The 433A Collections Information Statement or 433A Financial Statement is the tool which the IRS determines your ability to pay. Properly filling … Continue reading

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Q: What Happens to Penalties and Interest in an Offer in Compromise?

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OIC and Penalties and Interest Penalties and Interest as well as principle represents a number that the IRS considers full pay. When an OIC is filed it’s understood that the taxpayer is requesting that the IRS consider a number that’s less than full pay. Depending on … Continue reading

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Rhonda asks; how much does an Offer in Compromise cost?

Well Rhonda, how much does an Offer in Compromise cost? That’s a question that requires a lot more detail. However, I’ll explain some of the basics and maybe you can get an idea from that. The types of businesses that … Continue reading

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Sorry Rush, No Go With Tax Defense Partners, do your homework.

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Sorry Rush, No Go With Tax Defense Partners. I will admit that I listen to Rush probably 8 of the 15 hours a week and I enjoy his show. However, I have a bone to pick with him about Tax … Continue reading

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I have a tax debt of $5000 from commissions I received last year.

taxxfire, I owe a tax debt of $5000 from some commissions that I received last year. I didn’t file or pay last year and I don’t want this to get out of control. The company that I worked for went … Continue reading

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