The Internal Revenue Service’s (IRS) acknowledges that some taxpayers simply cannot meet their federal tax obligations. In other words, the taxpayer’s net assets and income less living expenses does not permit the taxpayer to pay back the IRS in full. In such situations, the IRS may be receptive to an Offer in Compromise, or an
RJS LAW - Tax and Estate Planning
RJS LAW: San Diego Tax Attorney | IRS | FTB | CPA | California
