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Old 03-30-2009, 05:29 PM  
st0ned
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Join Date: Mar 2007
Location: Arizona
Posts: 8,437
Quote:
Originally Posted by bausch View Post
I'm in the dumbass club too. How are u trying to get the irs to settle? Is this what they call "an offer of compromise"? Don't you need to show some hardship or inability to pay? How are u going about reasoning to them as to why they should settle with you?
Yeah its called something compromise. It is a one time break that the IRS will give to people who they feel are unable to pay the entire amount. I went and sat down with JK & Harris to see what they thought. With my current income there is no way the IRS would allow me to settle at a smaller amount. Off the record however I am finding more ways to reduce my net income so that it looks like I actually don't make much above my expenses, thus giving me a good chance at having the IRS settle.
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