< iframe size=" 480" elevation=" 320" src =" https://www.youtube.com/embed/DN8Z09_uP_Q?rel=0" frameborder=" 0" allowfullscreen >< img style=" float: left; margin:0 5px 5px 0; "src=" http://taxdr.org/wp-content/uploads/2021/05/JNvQTL.jpg"/ > Haumptman v Commisioner of Internal Profits-- 831 F. 3d 950 (8th Cir. 2016) is an intriguing case including a deal in compromise on back taxes owed to the IRS.
Here is the web link on Google Scholar so you can review it on your own-- https://scholar.google.com/scholar_case?case=14218788548091356663&q=offer+in+compromise+tax&hl=en&as_sdt=40006&as_ylo=2015
This case will go over the jurisdiction (power) of the tax court to listen to the charm as well as probably what NOT to do when attempting to obtain the Internal Revenue Service to accept an offer in concession.
The offer in concession was a question regarding collectibility offer in concession-- round figure paid over 4 months-- for $500,000 on over $15,000,000 in Internal Revenue Service debt.
Not to ruin it but the Internal Revenue Service denied this offer.
Hope you delight in and many thanks for watching!
John
John G. Watts
Watts & Herring, LLC
Representing customers across Alabama
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