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September 03, 2026

What is Offer in Compromise and How Does it Work?

An Offer in Compromise (OIC) is an agreement between the IRS and a person who owes tax debt to the IRS to settle their tax debt for less than the full amount they were originally owed. Anyone who owes tax debt can make the offer, but IRS will only accept the offer from qualified t...

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September 03, 2026

Why did some people did not receive the second stimulus payment?

The second stimulus bill was voted for by the government at the end of last year. Many Americans who earn less than $75,000 have already started to receive their check directly deposited into their primary bank account is reported to the IRS. However, many people will have to wait...

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September 03, 2026

The tax filing date starts February 12th

The IRS has delayed the expected tax filing date to start on February 12th of this year. In this past, the filing date usually begins around January. Starting on February 12th, 2021, taxpayers can begin filing for taxes on incomes earned in 2020, and the IRS will begin processing ...

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