I would like to know what level of offer I can make to the IRS for Offers in Compromise of an old IRS debt?

Questionable orgin of tax liability. Tax year of liability taxes files and properpy paid. Subsequent tax liability assesed based on info that cannot be found as compkany is out of business.

OIC is strictly YOUR ability. If there is any chance that you can make payments, they won't accept OIC. Even if it takes 5 or 10 years. The only exception is if there is a possibility of no liability.

If you make an OIC based on liability, you must convince them that you are NOT liable.

If you make an OIC based on ability, you must prove that you are completely unable to pay any more than you offer in the OIC. This means that you completely open your books to a full audit and invasion by the IRS.

The IRS is much easier to talk to and to make payment plans with. I know you can go to them and let them know your money situation and let them know what pay plan you can do and they will work with ya i know i was on i was paying 50.00 every 2 weeks I hope this help!

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