Archived
Will I get in trouble with the IRS for revising my 2011 tax returns? There is some additional income I need to add in.
Lana's answer
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Answered on September 19, 2012
You might get in trouble with the IRS for failing to amend your return when you know of additional unreported income. By law, you are required to...
Archived
I was just denied by the IRS for an Offer in Compromise that I self submitted.
Lana's answer
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Answered on September 19, 2012
I think it is worth at least calling a lawyer and discussing your situation in detail. I generally can evaluate relatively quickly (just by...
Archived
If I am rejected by the IRS for an Offer in Compromise that I submitted on my own, can I hire a tax lawyer and try again?
Lana's answer
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Answered on September 19, 2012
The IRS routinely rejects the majority of all filed Offers in Compromise (OIC); thus, the odds are generally not in favor of the taxpayers. For...
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