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What are the Potential Benefits to an Offer in Compromise?

April 26, 2017Benefits compromise Offer potential

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What are the Potential Benefits to an Offer in Compromise?

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There are many potential benefits to the acceptance of an Offer in Compromise. Including: • Total payment less may be less than the tax owed; • Total payment of interest may be reduced; • Potential for an abatement of penalties; • Interest does not run, on the compromised liability, the Offer is far better than an Installment Agreement.