< iframe size=" 480" elevation=" 320" src=" https://www.youtube.com/embed/7mhnIU6y29U?rel=0" frameborder=" 0" allowfullscreen >< img style=" float: left; margin:0 5px 5px 0;" src=" http://taxdr.org/wp-content/uploads/2021/08/n8MCyh.jpg"/ > http://www.BrysonLawFirm.com Baton Rouge LA: Why the IRS is cracking down There is one technique of leaving financial obligation with the IRS that's been abused a lot more than any kind of other. This approach, offers-in-compromise, has actually become downright controversial - a lot to make sure that the IRS made adjustments to the "regulations" regarding this debt relief approach for both taxpayers and also tax obligation alleviation professionals. When the act that enabled Offer-in-Compromise passed, it resembled a giant Pandora's box opened. All of an abrupt, late evening TV became filled with commercials from Offer-In-Compromise "Pros" encouraging troubled taxpayers the possibility to "pay pennies on the dollar to the Internal Revenue Service". These "pros" would fill in the OIC documentation and also send it to the IRS, sometimes disregarding whether a client satisfied the standards for being accepted or not. In either case, the pros" obtained their cash ... also if the client never had much of a possibility of being approved. Not only did this method produce a significant number of individuals obtaining ripped-off, it may have triggered a reduction in the variety of Offers-in-Compromise that are actually being accepted by the Internal Revenue Service. On November 1, 2003, the IRS started billing a $150 handling fee for a lot of Offer-In-Compromise proposals. Also, in February of 2004, they formally issued "a consumer alert recommending taxpayers to be cautious of promoters' insurance claims that tax financial debts can be chosen 'cents on the dollar' through the Deal in Compromise Program." It appears that "unimportant" proposals - and also lots of grievances by customers - had actually been placing ... sufficient to warrant concern by the Internal Revenue Service. The IRS has fractured down. Offers-in-Compromise now only have a 15% chance of success. An offer-in-compromise might still be the right choice for you, or there might be much better choices. Do not squander your time, if you remain in difficulty with the IRS or have actually received notices that you owe taxes, we can help. Go to www.BrysonLawFirm.com or call our skilled tax professionals at 337-233-4210to schedule your totally free 30-minute consultation. http://www.youtube.com/watch?v=7mhnIU6y29U