Michelle, thanks for the article. I wish to disagree. Many “professionals” use Offer in Compromise complexity as a reason to sell their lucrative services. And I personally know a few that sell this service to those who are not even qualified. They can make very nice pitch on their success rate and so on and so forth. However, they do know from a get-go that the case is dead. That’s why consumers need to be able to make their own evaluation too before trusting their IRS problem and great deal of the money to a tax professional. I agree that there are many calculators that even a tax professional wouldn’t complete right. But let’s not generalize. I have created paid calculator that takes into account bank accounts equity exclusion, additional operating expenses exclusion, calculates equity and allowed expenses for each category. I don’t recommend users of my app to go for an OIC on their own, professional help is highly recommended, but basic evaluation of their chances is still available. I understand you know how to do it without software or calculators, but if you want to see what I’ve done, I can provide you with promo code for free download, just email me. The app is available on the App store, OIC Calculator. More info you can find on my website http://www.ibatax.com
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