Useful information from the IRS, including offers in compromise, the collection process, and taxes and bankruptcy.
- Offer in Compromise
An Offer in Compromise (OIC) is an agreement between the taxpayer and the government that settles a tax liability for payment of less than the full amount owed.
- The IRS Collection Process
This publication tells you the steps the Internal Revenue Service (IRS) may take to collect your balance due account.
- Taxes and Bankruptcy
This publication covers the federal income tax aspects of bankruptcy.