How to Complete Form 433 AOIC And OIC

How to Complete Form 433 A-OIC And OIC From 656 PLUS Best Strategies For Success Presenter: Parham Khorsandi, Esq. , Managing Partner, Victory Tax Lawyers, LLP (866) 640 -0640 1

Overview a) Offer in Compromise is a great program, but difficult to qualify for b) Must be very aggressive if you want the IRS to accept an offer c) I. For you, everything must go right for the Offer to be accepted II. For the IRS, one thing needs to be wrong for the Offer to be rejected DO NOT SUBMIT A FRIVOLOUS OFFER I. Do not let the client dictate to file an Offer II. You should know on the intake call if you will be filing an Offer III. If you want to be aggressive, and push the limits, make sure the client is on board © Roz Strategies. All rights reserved.

Review of OIC – Katy Topper a. Katy called our office for a free attorney consultation. She has balances from her previous marriage, around $80 K. This is for years 2012, 2013, 2014. She is recently married to a new husband. Katy makes about $40 K per year, but her new husband is a baller. Her new husband makes $150 K per year. There is a home, but with quicksale value, its negative. © Roz Strategies. All rights reserved.

Let’s look at the OIC 433 A - OIC © Roz Strategies. All rights reserved.

Form 656

The IRS came back and wanted to reject the Offer as a full pay

However, we were able to fight this

Addendum to Form 656 a. Final Result