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How to File an Offer in Compromise

How to File an Offer in Compromise

by Anthony Surace | Oct 9, 2019 | Offer In Compromise, Tax Audit, Tax Filing Tips, Tax Liens

Are you in debt to the IRS? Being in debt is never good but when you owe money to the IRS things can get really ugly. People get behind in tax payments for a lot of reasons, but the IRS usually doesn’t care why you’re in debt. The agency just cares about you paying it...
IRS Spent Hundreds of Millions Trying to Collect Overseas Taxes

IRS Spent Hundreds of Millions Trying to Collect Overseas Taxes

by Anthony Surace | Jul 31, 2018 | News, Offer In Compromise, Tax, Tax Audit, Tax Filing Tips, Tax Liens

It’s no secret that the IRS has a keen interest in collecting every last tax dollar that taxpayers owe. It doesn’t matter who or where it’s coming from. The taxman wants his money. This includes collecting taxes from money being stored overseas, which has long been a...
How to Handle Your Tax Debt

How to Handle Your Tax Debt

by Anthony Surace | Jul 19, 2017 | Currently Not Collectible, Installment Agreements, Offer In Compromise, Tax Liens

Face the Problem Head on The first thing you need to accept is that you can’t keep running from your tax debt. You have to face it head on and get he situation under control. So don’t try to run from it, or hide from the IRS. You can’t trick the IRS either, but if...
TIGTA: OIC Process Greatly Improved; Work Still to Be Done

TIGTA: OIC Process Greatly Improved; Work Still to Be Done

by Anthony Surace | Nov 2, 2016 | News, Offer In Compromise

So what happens when you choose to submit an OIC to the IRS? The short answer is that it’s not always an easy process. To that end, recently the Treasury Inspector General for Tax Administration (TIGTA) conducted an audit to evaluate how efficiently the IRS is...
IRS Begins 2014 With OIC and Installment Agreement Changes

IRS Begins 2014 With OIC and Installment Agreement Changes

by Anthony Surace | Jan 13, 2014 | Installment Agreements, Offer In Compromise

The Internal Revenue Service kicked of 2014 with many changes. This includes minor changes to the Offer In Compromise program (OIC), which is one way taxpayers can settle tax liabilities for less. The IRS also made minor changes to the fees charged for processing...

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anthony surace of clean slate tax llc

With over 20 years of experience in tax preparation, planning, and resolution, Anthony Surace has helped countless clients navigate the complexities of the tax code. He has built a reputation for helping individuals and businesses achieve financial success.

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