IRS Issues Warning About Hiring Non-Attorney Tax Resolution Groups
The Internal Revenue Service issued a warning to taxpayers with pending tax bills to not hire non-attorney tax resolution groups falsely claiming they can settle a person’s tax debt for pennies on the dollar. As part of its annual scams warning list, the IRS labeled these unscrupulous tax companies as Offer in Compromise (OIC) “mills” that make “outlandish claims” in aggressive advertising. “These ‘mills’ contort the IRS program into something it's not — misleading people with no chance of meeting the requirements while charging excessive fees, often thousands of dollars,” the IRS said in its warning. An OIC is an offer asking the...
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