Tax Help Hawaii

Part II: IRS Offer in Compromise Income Tax Settlement is Approved Federal Tax Lien Release requires More Prodding. Federal Lien Release is not Always Time Friendly.

Published Date: August 20, 2016

Category: DWK tax group

irs offer in compromise

Once the IRS Offer in Compromise (OIC) is accepted and the tax settlement is for less than $10,000 US dollars, more work is required.  The motivation to resolve an existing tax balance is to root out the FICO score damaging IRS Federal Tax Lien.

 

The Atlanta / Woodstock, Georgia taxpayer received notice of IRS Offer in Compromise (OIC) acceptance in January. The jubilant taxpayer sent settlement amount immediately for processing. After 6 weeks, check cashed and no response from the IRS the taxpayer let DWK Tax Group know of the lengthy wait for federal tax lien release.

DWK contacted the lien unit directly. Lien Unit required substantiation of payment and acceptance letter to remove the federal tax lien, DWK Tax faxed the necessary information for continued processing. Additionally, lien unit representative shared that the IRS Offer in Compromise was still pending clearance from the Offer Unit.

Another four weeks went by without federal lien release. DWK contacted the original IRS Offer in Compromise unit examiner directly, again. OIC examiner did not have an answer for the drag in lien release. She went on to recommend using the Taxpayer Advocate Service (TAS) to help rectify the lingering issue.

Out of pure determination, DWK Tax Group Enrolled Agent, Andrew Kai Hatchie Jr. has never used TAS to resolve any tax problem. After further review, OIC examiner realized that one year of the IRS Offer in Compromise settlement stemmed from a year filing “married filing separately” is what was not allowing the OIC acceptance to clear.

Problem solved.

Need representation that is determined, trustworthy and tenacious? Dial 1 – 8 6 6 – 2 2 6 – 6 1 0 2 for a FREE consultation about real tax resolution options and solutions. We will treat YOUR tax problem as if it were our own. Plain and simple.  https://dwktaxgroup.com

 

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