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10-Hours (or 10-Days) To A Spotless and Organized Kitchen
Sometimes it helps to organize a room all at once. However, for home-business owners, spending another entire day in the house isn't always a desirable thing. What may be more desirable is to spend 60-minutes each day working on a project. The steps...
A JOB WELL DONE. Ten Ways To Recognize & Reward Hardworking Staff
A JOB WELL DONE Ten Ways To Recognize And Reward Hardworking Staff Employees who leave one job in favor of another rarely leave for money reasons. One reason employees leave is they don?t feel appreciated or recognized for their contributions. Here...
Does Your Life Include a RIPE Plan?—Planning Tips Part 4
Does Your Life Include a RIPE Plan?—Planning Tips for Retirement, Investing, Protection, and Estate Planning – Part 4 (Estate) by: Janet L. Hall
As a little girl, I grew up in Palm Beach County, FL, not in the rich, elite section, but in the...
Entrepreneur: Organize Thyself!
Owning a business requires expert organizing skills in order to keep on top of everything. Follow these steps and make more time in your work day.
Owning a business requires expert organizing skills in order to keep on top of everything. ...
How to Build a Business Ethics Program
Recent corporate financial scandals have highlighted the importance of business ethics and legal compliance. Yet a recent National Association of Corporate Directors (NACD) survey of 280 corporate CEOs and directors found that "only one of three...
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10 Thoughts on Tax Offer in Compromise
Beware of advertisements that claim to settle tax debts for
"pennies on the dollar". Check the Offer In Compromise
requirements to see if it is right for you.
1. If you are unable to pay a tax debt in full, if the taxpayer
establishes to the satisfaction of the IRS that he either: has
no means of paying the tax, or does not actually owe the tax--
and an installment agreement cannot be worked out--the IRS
strives to resolve the taxpayer's tax debt.
2. Under certain circumstances, you may be able to take
advantage of the offer in compromise (OIC), but there are
hurdles to overcome before the Internal Revenue Service accepts
less than full payment. To date, taxpayers who have gone
through the Offer in Compromise program to settle their tax bill
have saved millions of dollars.
3. An OIC delinquent tax settlement is an agreement taxes owed
for less than the full amount of taxes due. It's a complex
decision and a tax attorney is needed for his extensive
expertise in planning, preparing, negotiating and even appealing
rejections.
4. IRS Code Sec. 7122 gives the IRS power authority to settle--
compromise--federal tax liabilities. Exceptional circumstances
sometimes exist that allow the IRS to consider an OIC program
for the taxpayer. For example, a taxpayer must demonstrate that
collection of the tax would create an economic hardship or would
be unfair and inequitable.
5. Very few offers were accepted in the past, because the
standards were almost impossible to meet before a tax debt was
legally compromised. Recent tax legislation has given new hope
to taxpayers who were previously disqualified.
6. In the
past the IRS really did not want to encourage OIC's.
Prior to 1992 the IRS has been reluctant to settle tax
liabilities, but with mounting uncollected taxes, the IRS has
decided to go easy on the growing number of cases it sees.
7. Today, the OIC program is one of the best tax resolution
tools available to taxpayers. The IRS will accept an OIC when
it looks unlikely that the taxes will be collected; but before
that happens a good tax person must know and carefully navigate
virtually every key regulation involved.
8. After all taxpayer avenues are explored and different
available payment options are reviewed, the IRS makes a
"business" decision: they want to collect a partial payment
rather than nothing at all. The IRS is thinking, "Is there is
doubt that the taxpayer will ever pay the full amount of tax
owed?"
9. An OIC amount "offered" by the IRS is the amount that they
feel that they can reasonably expect to collect after reviewing--
and exhausting--the taxpayer's ability to pay. The IRS weighs
the doubt as to liability and doubt as to whether the tax
assessed is correct.
10. Beware of advertisements they claim to settle tax debts for
"pennies on the dollar", allowing taxpayers to settle their
taxes for less, or often much less than you owe (or what the
government claims you owe). The IRS resolves less than one
percent of all balance due accounts through an OIC agreement.
About the Author
is dedicated to offering news, articles, and
instruction on tax. You have a definite choice in organizing
your financial affairs. Visit href="http://www.aidtax.com/">http://www.aidtax.com for more
information.
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| Online Organizing.com |
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| Organizing. [Vea la versión en español de esta página] · [Display the text version of this page] ... Organizing · Economic development. Working with HUD ... |
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| Get Organized - Organizing Tips and Ideas to help you get ... |
| Free tips, ideas and articles to help you get organized. |
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| Management Function of Organizing: Overview of Methods |
| Organizing can be viewed as the activities to collect and configure resources in ... The following are some of the major types of organizing required in a ... |
| www.managementhelp.org |
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| Organizing - Wikipedia, the free encyclopedia |
| In that sense, organizing can also be defined as the act to place different ... Organizing, in companies point of view, is the management function that ... |
| en.wikipedia.org |
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| Amazon.com: Organizing from the Inside Out: Books: Julie Morgenstern |
| Amazon.com: Organizing from the Inside Out: Books: Julie Morgenstern by Julie Morgenstern. |
| www.amazon.com |
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| Organized-Living.com - Get organized, Professional Organizer tips ... |
| Articles and tips to help individuals organize their home or work life better. |
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| How to organize your home and office, organizing tips, articles on ... |
| LifeOrganizers.com is a rich resource of office and home organizing articles, tips, and fresh, easy ideas on how to get rid of clutter from every part of ... |
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| The Virginia Organizing Project |
| VOP, racism, social justice, community organizing, leadership development, living wage, grassroots organizing, sexual orientation . |
| www.virginia-organizing.org |
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| Center for Third World Organizing |
| A training and resource center dedicated to building a social justice movement led by people of color. |
| www.ctwo.org |
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| Welfare Rights Organizing Coalition |
| WROC of Olympia, Washington, organizes groups of women and men who are current or former TANF recipients to watch how welfare and family policy is ... |
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| Self-Organizing Systems FAQ for Usenet newsgroup comp.theory.self ... |
| Frequently Asked Questions about self-organized systems. |
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| Beyond Bookmarks: Schemes for Organizing the Web |
| Beyond Bookmarks: Schemes for Organizing the Web is a clearinghouse of World Wide Web sites that have applied or adopted standard classification schemes or ... |
| www.public.iastate.edu |
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| Organizing Institute |
| Program by the AFL-CIO to train union organizers and put them in the field. |
| www.aflcio.org |
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| SouthWest Organizing Project |
| A statewide multi-racial, multi-issue, community based membership organization. Includes information on history, campaigns, and volunteer opportunities. |
| www.swop.net |
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| Farm Labor Organizing Committee |
| The historic contract in North Carolina opens up a new chapter in the FLOC struggle for justice and ushers in a new era in farmworker organizing. ... |
| www.floc.com |
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