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Old 03-30-2009, 09:17 PM  
baddog
So Fucking Banned
 
Industry Role:
Join Date: Apr 2001
Location: the beach, SoCal
Posts: 107,089
Quote:
Originally Posted by st0ned View Post
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.
S corp. Pay yourself shit.
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