How to Appeal a Denied Offer in Compromise
December 6, 2013 by admin in category irs tagged as IRS, offer in compromise, OICHaving your offer in compromise (OIC) denied can be frustrating, but it happens since the Internal Revenue Service (IRS) only accepts 90 percent of all offers. Understanding very well why your OIC was rejected is the first step that will help you when you want to appeal an Offer in Compromise that was rejected. You […]
0 0 Read moreHistory of the IRS
November 22, 2013 by admin in category irs tagged as 1894 Tariff, 1913 ratification of the 16th Amendment, 1998 to the present, Bureau of Internal Revenue, History, Internal Revenue Service, IRS, Revenue Act of 1862, The Revenue Act of 1918, The Revenue Act of 1942The power of the U.S. Government to tax its citizens has been controversial since 1791 when George Washington signed into law a bill that allowed whiskey to be taxed. The plan was for the revenue to help pay debts incurred during the Revolutionary War. Citizen’s opposed the tax, claiming it was once again taxation without […]
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November 15, 2013 by admin in category irs tagged as Income taxes, IRS, issues, tax formsIncome taxes, tax forms, and other income tax based issues are confusing. In fact, this is the reason most people contact and use an accountant for their tax needs. For those who do not have access to an account or who have quarterly taxes, questions may come up during awkward times. You may also have […]
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