Income Averaging For IRS Offer In Compromise - How It Works, Using It To Your Advantage
Here we go through #IRS Offer In Compromise income and expense averaging. This guide is based on the information located here: https://www.irs.gov/irm/part5/irm_05-008-005r
Things change or might be inconsistent, especially for self-employed taxpayers.
This topic often is not covered in many tax relief consultations, because quite simply many tax relief salespeople (often referred to as Tax Consultants, but are typically not licensed) don't know about it, but it's crucial to your success in many OICs.
You can find our completely free tax help guide here: https://trp.tax/taxhelp/
Our guide on how to do your own OIC here: https://trp.tax/tax-guide/how-to-do-your-own-offer-in-compromise/
Comparing Bankruptcy vs Offer In Compromise: https://trp.tax/tax-guide/bankruptcy-or-offer-in-compromise/
You can get help from one of our expert tax attorneys by calling us at (888) 515-4829 or scheduling a consultation at https://trp.tax/start/
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