Application Fee for Offers in Compromise


Beginning November 1, 2003, the IRS will charge a $150 application fee for
the processing of offers in compromise. The IRS expects that this fee will
"help offset the cost of providing this service, as well as reduce
frivolous claims." In other words, make it more expensive to try and pay something to the government.

Popular posts from this blog

Bonus Depreciation under the new Tax Law can affect 2017 return

New Jersey Division of Taxation Closes Restaurant - leaving employees and customers stuck

Trump's tax plan