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IRS Tax Forgiveness: Requirements and Alternatives
The IRS Offer in Compromise (OIC) program allows taxpayers to settle tax debt for less than the owed amount; eligibility requires being current on filings, demonstrating financial hardship via IRS formulas, and not being bankrupt, but approval isn't guaranteed.
IRS Tax Forgiveness: Requirements and Alternatives
The IRS Offer in Compromise (OIC) program allows taxpayers to settle tax debt for less than the owed amount; eligibility requires being current on filings, demonstrating financial hardship via IRS formulas, and not being bankrupt, but approval isn't guaranteed.
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