NOT BEING REPRESENTED BY AN TAX SPIECIALIST.
2007-08-03 08:02:36 · 9 answers · asked by gioscifi 1 in Business & Finance ➔ Taxes ➔ United States
Depends on how much you owe, what assets you have, what future earning potential you have, and how much you are offering.
2007-08-03 08:09:31 · answer #1 · answered by Anonymous · 1⤊ 0⤋
It depends on how well you can document that you "can't" pay. It makes no difference on how much it will hurt to pay. The circumstances will have a great deal to do with the outcome. Don't go in telling them that you just can't live with out your 5 lattes a day or you new car. If you were run over by a train while collection recycle-able cans because you lost your job and have no assets, plus you are not expected to recover for five years, you will have a really good chance
2007-08-04 07:24:43 · answer #2 · answered by ? 6 · 0⤊ 0⤋
It really depends on what you owe and what you offered. The only way that the IRS will accept is if they feel that the amount you offered is the only chance of resolving the debt. In other words - what is your ability to pay more.
2007-08-03 08:06:19 · answer #3 · answered by ForensicAccountant 4 · 0⤊ 0⤋
Less than 20% statistically. Getting professional help might help a bit but keep in mind that anyone you hire to assist you gets paid whether or not the IRS approves the OIC.
2007-08-03 08:38:01 · answer #4 · answered by Bostonian In MO 7 · 1⤊ 0⤋
They will accept an offer, but they will also get as much as they can and as much interest as they can, and if you make a deal, be sure to get everything in writing so they cannot come back and change the story.
2007-08-03 08:06:32 · answer #5 · answered by rebeturner37 1 · 0⤊ 2⤋
I am confident if it was a true error that they are more likely to accept an offer. If they busted you for fraud then it's unlikely that they will take the offer. It most likely depends on the curcumstances of how the debt was accrued.
2007-08-03 08:11:53 · answer #6 · answered by Anonymous · 0⤊ 3⤋
I would say better than most people think.
They are really looking to 1) get in and get out as fast as they can (they don't have a lot of staff)
and 2) Make sure you don't do this horrid thing (whatever it is) ever, ever again.
2007-08-03 08:06:23 · answer #7 · answered by Tim 3 · 0⤊ 2⤋
DO NOT LIE TO THEM!!!!
If you can't afford to pay all your taxes, then hiring a tax professional won't help you at all.
2007-08-04 18:29:05 · answer #8 · answered by Anonymous · 0⤊ 0⤋
most likely they will come back with an counter offer, they have no soul,,they don't care if you have enough money at the end of the week to eat or live.
2007-08-03 08:12:47 · answer #9 · answered by Anonymous · 0⤊ 2⤋