Scott Taffet discusses how New York litigators are overlooking the Offer to Compromise as a powerful but underused settlement ...

The courts reviewed the position that taxpayers who are in bankruptcy and cannot afford to pay their tax bill can use the offer-in-compromise procedure to reduce the amount of the bill. Charles ...

Tax season might be behind us, but for millions of Americans, the stress of unpaid tax bills still lingers. But whether it's due to an issue with unexpected income, a missed payment to the Internal ...

In the complex landscape of U.S. taxation, the Internal Revenue Service (IRS) stands as an unavoidable entity for all residents, regardless of their status. Whether you're a retiree or an undocumented ...

Taxpayers unable to pay their income tax liability may make an offer in compromise under IRC section 7122 to settle the tax bill. Such an offer can, however, have a negative impact on other rights ...