Why Most IRS Offer in Compromise Get Rejected
Channel: EA Tax Resolutions
Date: 2021-08-03

EA Tax Resolutions Website: https://eataxresolutions.com/?utm_source=Youtube&utm_medium=Video&utm_campaign=Why+Most+IRS+Offer+in+Compromise+Get+Rejected
EA Tax Resolutions Phone Number: 800-245-0596
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🤵 IRS Offer in Compromise Consultation in depth: https://calendly.com/anthony-eataxresolutions/discovery-call
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In this video we discuss the #1 reason why most IRS Offer in Compromises get reject. We go through 
the section of the IRS Form 433-A OIC where the misunderstanding is that causes the rejections. Hope it helps!
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🔴 IRS Offer in Compromise: What is it? Do I qualify to settle my back taxes with the IRS? https://www.youtube.com/watch?v=VK-Zx4fzUog&t=1s
🔴IRS Offer in Compromise Case that got accepted from A to Z: https://www.youtube.com/watch?v=g4O_Nh9XRzY
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Helpful Resources:

IRS Form 433-A (OIC) (Rev. 4-2021)
https://www.irs.gov/pub/irs-pdf/f433aoi.pdf

IRS Form 656 (April 2020)
https://www.irs.gov/pub/irs-pdf/f656.pdf

IRS Financial Collection Standards
https://www.irs.gov/businesses/small-businesses-self-employed/collection-financial-standards

IRM 5.8.5.22.3 - https://www.irs.gov/irm/part5/irm_05-008-005r 

Internal Revenue Manual - Offer in Compromise - Financial Analysis
https://www.irs.gov/irm/part5/irm_05-008-005r

IRS Withholding Calculator
https://www.irs.gov/individuals/tax-withholding-estimator

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Disclaimer: The information provided in this video is for informational purposes only and is not meant to take the place of professional legal, accounting, or financial advice. If you have any legal questions about this video or the subjects discussed, or any other legal matter, you should consult with an attorney or tax professional in your jurisdiction (i.e. where you live).

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