As part of its annual “Dirty Dozen” list of tax scams, the IRS renewed warnings about Offer in Compromise (OIC) mills. They’re run by unscrupulous companies that falsely claim they can resolve tax debts for pennies on the dollar without even knowing the details. IRS Commissioner Danny Werfel explained these mills charge steep fees by “exploiting vulnerable individuals with promises that tax debt can magically disappear.” However, not everyone qualifies for an OIC and there are strict requirements. Here’s more from the IRS: https://bit.ly/4aGeblx. Contact us with questions.
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