TaxAudit Blog

Tag: OIC

Unpaid Invoices File Folder

You can deduct an unpaid invoice as a business expense if all the following are true: (1) You have already included the amount of the invoice as income…

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Offer in Compromise

The IRS has an Offer in Compromise program to allow qualified taxpayers settle their tax debt for less than the full amount owed. Here's what you should know.

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