What is the name of your state? HI
I filed an IRS Offer in Compromise in 10/05. This month, (1/07), an IRS Offer Specialist has written twice that she will recommend to reject my Offer. She will say I am liable for over $200,000 because I received that from the sale of an asset and she believes I made a choice not to pay income taxes and that not all of the funds were for "necessary living expenses". The funds have been completely spent and have been utiliized for business, legal, and living expenses. I have no income, no assets, lots of debt, a lawsuit pending against me, no credit available, ill health, and no future income prospects. IRS has also filed 3 tax liens against me.
My goal is to get this debt eliminated and resolved, not just delayed for up to 10 years (the time I read that IRS can pursue the collection process).
My questions:
1. Should I write a second letter to the Offer Specialist pleading that I have no ability to pay, this a current hardship case, and I want the correspondence added to my file?
2. Should I request a "Collection Due Process Hearing" on the rejected Offer in Compromise based on the fact I can not pay?
(My understanding is that the best that will do is get them to delay collections until I can pay)
3. Should I just let it go into Collections uncontested? (My concern there is whether I would be missing the opportunity to reduce the dollar amount the IRS says I owe -by contesting the Offer. )
4. If it goes into Collections, and I have no ability to pay, would IRS most likely give up on it as a hardship case with an inability to pay or would they just freeze the collection activity for up to 10 years hoping that they might collect later?
5. The IRS just filed 2 tax liens before the Offer has been formally rejected. (The Offer Specialist just said she would recommend rejecting the Offer to her group manager.) Isn't that in violation of IRS Collection procedure to issue new liens during the Offer process?
6. Should I utilize the "Taxpayer Advocate Function" assistance? (I really don't know if they can be effective for me in this situation.)
7. Any other brilliant ideas that don't require paying any funds for advice? ( I went to Legal Aid and they said they couldn't help me because they weren't involved in filing the Offer.)
Thanks in advance for any input!!!!!What is the name of your state?
I filed an IRS Offer in Compromise in 10/05. This month, (1/07), an IRS Offer Specialist has written twice that she will recommend to reject my Offer. She will say I am liable for over $200,000 because I received that from the sale of an asset and she believes I made a choice not to pay income taxes and that not all of the funds were for "necessary living expenses". The funds have been completely spent and have been utiliized for business, legal, and living expenses. I have no income, no assets, lots of debt, a lawsuit pending against me, no credit available, ill health, and no future income prospects. IRS has also filed 3 tax liens against me.
My goal is to get this debt eliminated and resolved, not just delayed for up to 10 years (the time I read that IRS can pursue the collection process).
My questions:
1. Should I write a second letter to the Offer Specialist pleading that I have no ability to pay, this a current hardship case, and I want the correspondence added to my file?
2. Should I request a "Collection Due Process Hearing" on the rejected Offer in Compromise based on the fact I can not pay?
(My understanding is that the best that will do is get them to delay collections until I can pay)
3. Should I just let it go into Collections uncontested? (My concern there is whether I would be missing the opportunity to reduce the dollar amount the IRS says I owe -by contesting the Offer. )
4. If it goes into Collections, and I have no ability to pay, would IRS most likely give up on it as a hardship case with an inability to pay or would they just freeze the collection activity for up to 10 years hoping that they might collect later?
5. The IRS just filed 2 tax liens before the Offer has been formally rejected. (The Offer Specialist just said she would recommend rejecting the Offer to her group manager.) Isn't that in violation of IRS Collection procedure to issue new liens during the Offer process?
6. Should I utilize the "Taxpayer Advocate Function" assistance? (I really don't know if they can be effective for me in this situation.)
7. Any other brilliant ideas that don't require paying any funds for advice? ( I went to Legal Aid and they said they couldn't help me because they weren't involved in filing the Offer.)
Thanks in advance for any input!!!!!What is the name of your state?