May 22, 2013

Weather

Overcast

59°
Conditions at Wausau Downtown Airport, WI
Save Email Print Bookmark and Share
A A

IRS Changes Tax Forgiveness Program

The IRS is changing its tax payment forgiveness program.

The "Offer in Compromise" program lets you negotiate agreements to pay less than the full tax amount you owe. The changes make it more flexible and let some pay off their debts faster than before.

In 2011 the IRS accepted 34% of the compromise offers it received; up from just 25% in 2010.


All comments must adhere to the WSAW.com discussion rules.
powered by Disqus