TaxMamas TaxQuips: Tax Quips

TaxMamas TaxQuips: Tax Quips


OIC – Slashing Tax

May 29, 2012

Today TaxMama® hears from Sallie in the TaxQuips Forum who is puzzled. “I am trying to prepare an offer in compromise. When I go through the computations in the updated Form 656 package, the offer amount equals more than the tax they owe! I’m missing