Offer in Compromise Guidelines + Formula: EXACTLY How Much to Offer to the IRS! скачать в хорошем качестве

Offer in Compromise Guidelines + Formula: EXACTLY How Much to Offer to the IRS!

➡️ Request your FREE tax relief consultation at https://choicetaxrelief.com/free-tax-... In this video I'm giving you the exact offer in compromise formula you need to submit your doubt as to collectibility offer in compromise to the IRS. I start with explaining what the IRS is looking for (i.e. your reasonable collection potential), then discuss how to value your assets for offer in compromise purposes, then discuss how to determine your monthly income and expenses for offer in compromise purposes per the IRS Collection Financial Standards, and finally put it all together to help you determine your offer in compromise amount. This offer in compromise training is over an hour long, so be sure to take notes! ⬇️ More Tax Relief Videos: My Previous Offer in Compromise Video:    • Offer in Compromise 2025: How to Qual...   How to File Back Taxes and Avoid Penalties:    • How to File BACK TAXES, Avoid PENALTI...   ⬇️ IRS Resources: IRS Form 656: https://www.irs.gov/pub/irs-pdf/f656.pdf IRS Form 433-A (OIC): https://www.irs.gov/pub/irs-pdf/f433a... Internal Revenue Manual 5.8.5 Financial Analysis: https://www.irs.gov/irm/part5/irm_05-... Collection Financial Standards: https://www.irs.gov/businesses/small-... National Standards for Food, Clothing, and Other Items: https://www.irs.gov/businesses/small-... Local Standards for Housing and Utilities: https://www.irs.gov/pub/irs-utl/all_s... Local Standards for Transportation: https://www.irs.gov/pub/irs-utl/all_s... ➡️ My M1 Finance Review:    • M1 Finance Review | Pros + Cons | My ...   Table of Contents: 0:00 How Much to Offer in Compromise to the IRS 1:26 Reasonable Collection Potential 4:08 Equity Component and Income Component 6:05 Calculating Cash Value 7:30 Calculating Investments at 80% Quick-Sale Value 8:40 IRA Example (After Taxes and Penalties) 12:45 A Note About Quick-Sale Value 13:58 Valuing Life Insurance Policies 15:22 Valuing Real Estate 20:05 Doubt As to Liability With Special Circumstances 21:26 Effective Tax Administration 22:15 Calculating Vehicle Value 23:40 Calculating Miscellaneous Valuable Items Value 24:33 Calculating Furniture and Other Personal Items Value 25:43 Adding Your Assets Up 25:58 Hiding Assets From the IRS (Don't Do It) 28:34 Self-Employed and Business Information 29:28 Calculating the Income Component 31:35 Calculating Gross Monthly Income 33:05 Calculating Monthly Household Expenses 33:14 National Standard Expenses 35:11 National Out-of-Pocket Health Care Expenses 37:05 Local Expenses 37:43 Local Standard Expenses for Housing and Utilities 40:08 Local Standard Expenses for Transportation 48:03 Health Insurance Premiums 48:21 Putting Zero vs. Leaving Blank 48:48 Court-Ordered Payments (Alimony, Child Support, etc.) 49:52 Term Life Insurance Premiums 50:10 Current Monthly Taxes 50:44 Secured Debts 53:07 401(k) Loans 53:39 Other Expenses (Student Loans, Mandatory Retirement, Tuition, etc.) 56:24 Delinquent State and/or Local Tax Payments 57:50 Final Reasonable Excess Monthly Income Calculation 58:18 Determining Your Future Income Multiplier (12 or 24) 1:00:01 Calculating Your Final Offer in Compromise Amount #offerincompromise #taxrelief #taxhelp