offer in compromise · 2018-11-15 · offer in compromise . this is a recent example of an accepted...

1259 South Beretania Street, Suite 2 Honolulu, HI 96814

808.589.2322 808.589.2422 [email protected]

OFFER IN COMPROMISE

This is a recent example of an accepted offer in compromise that we submitted for our Client.

The Client owed for several years as follows: 2004 $10,500.18 2005 $32,287.00 2007 $134,689.41 2009 $354.89 2011 $53.39

Total $178,173.97

The Client offered $250.00, that was accepted by the IRS.

The Client saved $177,923.97**

**There is no guarantee made or that is necessarily representative that Offers in Compromise will result in the same or similar results. All Offers in Compromise are based upon individual facts and circumstances and results will vary.

Form656 (Rev. January 2015)

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Department of the Treasury - Internal Revenue Service

Offer in Compromise Did you use the Pre-Qualifier tool located on our website at www.irs.gov prior to filling out this form? [&] Yes O No

Include the Application Fee and Payment (personal check, cashier's check, or money order) with your Form 656. You must also include the completed Form 433-A (OIC) and/or 433-B (OIC) and supporting documentation.

Section 1 Your Information

Section 1A Individual Information (Form 1040 Filers) Your First Name. Micidle Initial, Last Name

. - ....

Jf a Joint Offer, Spouse's First Name, Middle Initial, Last Name

Your Physical Home Address (Street, City, State, ZIP Code}

Mailing Address (if different than above or Post Office Bax number)

Employer Identification Number (For self-employed individuals only)

Social Security Number (SSN)

Social Security Number (SSN)

IRS Received Date

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Section 18 Business Information (Form 1120, 1065, etc., filers)

If your business is a Corporation, Partnership, LLC, or LLP and you want to compromise those tax debts, you must complete this section. You must also include all required documentation including the Form 433-B (OICJ, $186 application fee, and initial payment Business Name

Business Address (Street, City, State, ZJP Code)

Employer.Identification Number Name and Title of Primary Contact (EIN}

� To: Commissioner of Internal Revenue Service

Telephone Number

In the following agreement, the pronoun "we" may be assumed in place of "I" when there are joint liabilities and both parties are signing this agreement I submit this offer to compromise the tax liabilities plus any interest, penalties, additions to tax, and additional amounts required by law for the tax typeand perlod(s) marked below: Section 2 Tax Periods

Section 2A If Your Offer is for Individual Tax Debt Only Complete this Section only if you co,111pleted Section 1A

[Kl 1040 Income Tax-Year(s) 2004 2005 2007 J.ooq MU J.bt L 'fWAj.1-r'i0 Trust Fund Recovery Penalty as a responsible person of (enter corporation name) -,--,-::---:-:--:--c--:----,--::-:--::---------

for fallure to pay withholding and Federal Insurance Contributions Act taxes (Social Security taxes), for period(s) ending

D 941 Employers Quarterly Federal Tax Return - Quarterly period(s) -------------------------

0 940 Employers Annual Federal Unemployment (FUTA) Tax Return - Year(s) ---------------------

0 Other Federal Tax(es) [specify type(s) and period(s)J -----------------------------

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Note: !fyou need more space, use attachment and title it "Attachment to Form 656 dated 02/22/2016 ." Make sure to sign and date theattachment.

www.irs.gov Form 656 (Rev. 1-2015)

Check one of the payment options below to indicate how long it will take you to pay your offer in full. You must offer more than $0._The offer amount should be in whole dollars only.

Lump Sum Cash

[ZJ Check here if you will pay your offer in 5 or fewer payments in 5 or fewer months from the date of acceptance: Enclose a check for 20% of the offer amount (waived if you are an itldividual or sole proprietorship and met the requirements for Low Income Certification) and fill in the amount{s) and date{s) of your future payment{s).

Total Offer Amount - 20% Initial Payment I= I Remaining Balance 250 - $ 50 I = I$ 200

You may pay the remaining balance in one payment after acceptance of the offer or up to five payments1 but cannot exceed 5 months.

Amount of payment $ 200 payable within 1 Month after acceptance Amount of payment $ payable within 2 Months after acceptance Amount of payment $ payable within 3 Months after acceptance Amount of payment $ payable within 4 Months after acceptance Amount of payment $ payable within 5 Months after acceptance

Periodic Payment

D Check here if you will pay your offer in full in 6 to 24 months.

Enter the amount of your offer $ N�te: The total amount must equal all of the proposed payments including the first and last payments. Enclose a check for the first month's installment. $ ------- is included wtt:h this offer then $ _______ wi!I be sent in on the __ _ day of each month thereafter

for a total of ____ months with a final payment of$ _______ to be paid on the ____ day of the month.

Note: The tot.al months may not exceed a total of 24 months, including the first payment. Your first payment is considered to be month 1; therefore, the remainder of the payments must be made within 23 months for a total of 24. You must continue to make these monthly payments while the IRS is considering the offer (waived if you are an Individual or sole

proprleWrship and met the requirements for Low Income Certification). Failure to make regular monthly payments wiil cause your offer to be returned with no appeal rights.

IRS Use Only

0 Attached is an addendum dated {insert date) setting forth the amended offer amount and payment terms.

Section 6 Designation 9f Do_wq Payment and Deposit

ff you want your payment to be applied to a specific tax year and a specific tax debt 1 please tell us the tax form ____ _ and

tax year/quarter . If you do not designate a preference, we will apply any money you send to the government's best interest. If you wish to designate any payments not included with this offer, you must designate a preference for each payment at the time the payment is made. However, you cannot designate the $186 application fee or any payment after !he IRS accepts the offer.

If you are paying more than the required payment when you submit your offer and want any part of that payment treated as a deposil, check the box below and insert the amount. Deposits will be refunded if the offer is rejected, returned, or withdrawn, unless you request it to be applied to your tax debt.

0 My payment of$ _____ includes the $186 application fee and$ ____ _

additional payment of$ be held as a deposit.

for my initial offer payment. I am requesting the

CAUTION: Do NOT designate the amounts sent in with your offer to cover the down payment and application fee as "deposits." Doing so will result in the return of your offer.

DXA www.irs.gov Form 656 (Rev. 1H2015)

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I must comply with my future tax obligations and understand I remain liable for the full amount of my tax debt until afl terms and conditions of this offer have been met.

I understand what wlll happen if I fail to meet the terms of my offer (e.g., default).

I agree to waive time limitsprovided by law.

I understand the IRS may file a Notice.of Federal Tax Lien on my property.

Correction Agreement

I authorize the IRS to contact relevant third parties in order to process my offer

I am submitting an offer as an individual for a joint liability

Shared Responsibility Payment (SRP)

gj I will comply with all provisions of the internal revenue laws, including requirements to timely file tax returns and timely pay taxes_ for the five year period beginning with the date of acceptance of this offer and ending through the fifth year, including any extensions to file and pay. I also agree to promptly pay any liabilities assessed after acceptance of this offer for tax years ending prior to acceptance of this offer that were not otherwise identified in Section 2 of this �greement. If this is a� offer being submitted for joint tax debt, and one of us does not comply with future obligat1ons, on!y the non-compliant taxpayer w,11 be in default of this agreement. An accepted offer will not be defaulted solely due to the assessment of an individual shared responsibility payment.

h) I agree that I will remain liable for the full amount of the tax liability, accrued penalties and interest, until I have met al! of the terms and conditions of this offer. Penalty and interest wifl continue to accrue until all payment terms of the offer have been met. If I file for bankruptcy before the terms and conditions of the offer are met, I agree that the IRS may file a claim for the full amount of the tax liability, accrued penalties and interest, and that any claim the IRS files in the bankruptcy proceeding will be a tax claim.

i) Once the IRS accepts my offer in writing, I have no right to challenge the tax debt(s) in court or by filing a refund claim or refund suit for any liability or period listed in Section 2, even if ! default the terms of the accepted offer.

j) If I fail to meet any of the terms of this offer, the IRS may levy or sue me to collect any amount ranging from the unpaid balance of the offer to the original amount of the tax debt (less payments made) plus penalties and interest that have accrued from the time the underlying tax liability arose. The IRS will continue to add interest, as section 6601 of the Internal Revenue Code requires, on the amount the IRS determines is due after default.

k) To have my offer considered. I agree to the extension of the time limit provided by law to assess my tax debt (statutory period of assessment). I agree that the date by which the IRS must assess my tax debt will now be the date by which my debt must currently be assessed plus the period of time my offer is pending plus one additional year if the IRS rejects, returns, or terminates my offer or I withdraw it. {Paragraph (e) of this section defines pending and withdrawal.) ! understand that I have the right not to waive the staMory period of assessment or to limit the waiver to a certain length or certain periods or issues. I understand, however, that the IRS may not consider my offer if l refuse to waive the statutory period of assessment or if l provide only a limited waiver. I also understand that the statutory period for collecting my tax debt will be suspended during the time my offer is pending with the IRS, for 30 days after any rejection of my offer by the IRS, and during the time that any rejection of my offer is being considered by the Appeals Office.

I) The IRS may file a Notice of Federal Tax Lien during the offer investigation. The IRS may file a Notice of Federal Tax Lien to protect the Government's interest on offers that will be paid over time. This tax lien will bereleased when the payment terms of the accepted offer have been satisfied. The IRS will not file a Notice of Federal Tax Lien on any individual shared responsibility debt.

m) I/We authorize IRS, to correct any typographical or clerical errors or make minor modifications to my/our Form656 that I/We signed in connection to this offer.

n) By authorizing the IRS to contact third parties, I understand that I will not be notified of which third parties theIRS contacts as part of the offer application process, including tax periods that have not been assessed, as stated in section 7602 (c ) of the Internal Revenue Code. In addition, I authorize the IRS to request a consumer report on me from a credit bureau.

o} I understand if the liability sought to be compromised is the Joint and individual liabH!ty of myself and my coobligor(s) and ! am submitting this offer to compromise my individual liability only, then if thls offer is accepted, It does not release or discharge my oo-obligor(s) from liability. The United States still reserves all rights of oollection against the oo-obligor(s).

p) If your offer includes any shared responsibility payment (SRP) amount that you owe for not having minimumessential hea�h coverage for you and, if applicable, your dependents per Internal Revenue Code Section 5000A -Individual shared responsibility payment, it is not subject to penalties or to lien and levy enforcement actions .However, interest will continue to accrue until you pay the total SRP balance due. We may apply your federal tax refunds to the SRP amount that you owe until it is paid in full.

Section 9 Signatures

Under penalties of perjury, l declare that I have examined this offer, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct and complete.

. Signatu�Corporatiop Name • I

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t Signature of T4xpayer/Authorized Corporate Officer

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www.irs.gov Form 656 (Rev. 1 -201 5)

of6 Section 7 Source of Funds, Making Your Payment, and Filing RequirementsSource of Funds

Tell us where you will obtain the funds to pay your offer. You may consider borrowing from friends and/or family, taking out a loan, or selling assets.

BORROW FROM SON

Making Your Payment

Include separate checks for the payment and application fee. Make checks payable to the uunited States Treasury" and attach to the front of your Form 656, Offer in Compromise. All payments must be in U.S. dollars. Do not send cash. Send a separate application fee with each offer; do not combine it with any other tax payments, as this may delay processing of your offer. Your offer will be returned to you if the application fee and the required payment is not included, or if your check is returned for insufficient funds.

Filing Requirements

[ZJ I certify that I have filed all required tax returns.

D I certify that I was not required to file a tax return for the following years:

Section 8 Offer Terms

By submitting this offer, I/We have read, understand and agree to the following terms and conditions:

Tenns, Conditions, and Legal Agreement

IRS will keep my payments, fees, a'nd some refunds.

Pending status of an offer and right to appeal

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a} I request that the IRS accept the offer amount listed in this offer application as payment of my outstanding tax debt (including interest, penalties, and any additional amounts required by law) as of the date listed on this form. 1 authorize the !RS to amend Section 2 on page 1 ln the event I failed to list any of my assessed tax debt, or tax debt assessed before acceptance of my offer. I also authorize the IRS to amend Section 2 on page 1 by removingany tax years on which there is currently no outstanding liability. I understand that my offer will be accepted, bylaw, unless IRS notifies me otherwise, in writing, within 24 months of the date my offer was received by IRS. I alsounderstand that if any tax debt that is included in the offer is in dispute in any judicial proceeding it/they will not belnc!uded in determining the expiration of the 24--month period.

b) I voluntarily submit the payments made on this offer and understand that they are not refundable even rf ! withdraw the offer or the IRS rejects or returns the offer. Unless I designate how to apply each required paymentin Section 6 page 3, the IRS will apply my payment in the best interest of the government, choosing which taxyears and tax debts to pay off. The IRS wm also keep my application fee unless the offer is not accepted for processing.

c) The IRS wil! keep any refund, including interest, that I might be due for tax periods extending through the calendar year in which the IRS accepts my offer. I cannot designate that the refund be applied to estimated taxpayments for the following year or the accepted offer amount. If I receive a refund after I submit this offer for any

tax period extending through the calendar year in which the IRS accepts my offer, I will return the refund within 30days of notification.

I understand that the amount I am offering may not include part or all of an expected or current tax refund, money already paid, funds attached by any collection action, or anticipated benefits from a capital or net operating loss.

d) The IRS will keep any monies tt has collected prior to this offer. The IRS may levy my assets up to the time thatthe IRS official signs and acknowledges my offer as pending, which is accepted for processing and the IRS maykeep any proceeds artsing from such a levy. No levy wiH be issued on individual shared responsibility payments.

The IRS will keep any payments that I make related to this offer. I agree that any funds submitted with this offer will be treated as a payment unless I checked the box to treat an overpayment as a deposit. Only amounts that exceed the mandatory payments can be treated as a deposit. ! also agree that any funds submitted with periodic payments made after the submission of this offer and prior to the acceptance, rejection, or return of this offer wi!! be treated as payments, unless I identify an overpayment as a deposit on the check submitted with the corresponding periodic payment. A deposit will be refundable if the offer is rejected, returned, or withdrawn. I understand that the IRS will not pay interest on any deposit.

e) Once an authorized !RS official signs this form, my offer is considered pending as of that signature date and itremains pending until the /RS accepts, rejects, returns, or f withdraw my offer. An offer is also considered pendingfor 30 days after any rejection of my offer by the IRS, and during the time that any rejection of my offer is being considered by the Appeals Office. An offer will be considered withdrawn when the IRS receives my writtennotification of withdrawal by personal delivery or certified mall or when ! inform the IRS of my withdrawal by othermeans and the JRS acknowledges in writing my intent to withdraw the offer.

f) I waive the right to an Appeals hearing if I do not request a hearing within 30 days of the date the IRSnotifies me of the decision to reject the offer.

www.irs.gcv Form 656 (Rev. 1-2015)

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Section 1 O Paid Preparer Use Only Signature of Preparer Phone Number Date /mm/adlyyyy)

Name of Paid Preparer

DAVID M RAMIREZ, EA

Preparers CAF no. or PTIN

Firm's Name (or yours if self.-emp!oyed), Address, and ZIP Code TAX RELIEF SERVICES

#2 HONOLULU, HI

Include a valid, signed Form 2848 or 8821 with this application, If one is not on file.

Section 11 Third Party Designee

Do you want to allow another person to discuss this offer with the IRS?

If yes, provide designee's name

DAVID M RAMIREZ, EA

1K] Yes

Telephone Number

(808) 589-2322

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Use Only. I accept the waiver of the statutory period of !imitations on 8sS;essment for the Internal Revenue Service, as described in Section a (k}.

ture of Authorized lnh:�m�! RJ:11vi:tn111"! SP.rvice.Official I Title Date /mmlddlyyyy)

/{; Privacy Act Statement

We ask for the infori'natlon on this form to carry out the internal revenue laws of the United States. Our authority to request this information is Section 7801 of the Internal Revenue Code.

Our purpose for requesting the information is to determine if it is in the best interests of the IRS to accept an offer. You are not required to make an offer; however, if you choose to do so, you must provide all of the taxpayer information requested. Failure to provide all of the information may prevent us from processing your request.

Jf you are a paid preparer and you prepared the Form 656 for the taxpayer submitting an offer, we request that you complete and sign Section 10 on Form 656, and provide identifying information. Providing this information is voluntary. This information will be used to administer and enforce the internal revenue laws of the United States and may be used to regulate practice before the Internal Revenue Service for those persons subject to Treasury Department Circular No. 230, Regulations Governing the Practice of Attorneys, Certified Public Accountants, Enrolled Agents, Enrolled Actuaries, and Appraisers before the Internal Revenue Service. Information on this fonn may be disclosed to the Department of Justice for civil and criminal litigation.

We may also disclose this information .to cities, states and the District of Columbia for use in administering their tax laws and to combat terrorism. Providing false or fraudulent information on this form may subject you to crimtnal prosecution and penalties.

DXA www.irs.gov Form 656 (Rev. 1·2015)

Department of the Treasury

INTERNAL REVENUE SERVICE AMC-Stop 880

PO Box 30834

Memphis, TN 38130-0834

Dear Mr.

Date of this Letter:

Employee #: 4q_, Phone#: (901) 303 EXT.

8:00AM-8:00PM Mon-Fri

Taxpayer ID#:***-**-·· Offer Number:1

We have accepted the offer in compromise you signed and dated on 02/22/2016. The acceptance date is the date of this letter and acceptance is subject to the terms and conditions on the enclosed Form 656, Offer in Compromise.

We applied $50.00 as payment toward your accepted offer. The last payment we received was for $50.00 on 03/02/2016.

The conditions of the offer require you to timely file and pay all required taxes for five tax years (including any extensions). This requirement begins on the date of this letter.

Under the conditions of the offer, we will keep any refunds or credits you may be entitled to for 2017 or for earlier tax years, including refunds you may be entitled to receive in 2018 for any overpayments you made toward tax year 2017 or earlier tax years. Wewill apply any refunds or credits to your liability, not to your accepted offer. If we filed a Notice of Federal Tax Lien against you, we will release it when you pay the offer in full. If you make the final payment by credit or debit card, we won't be able to release the Notice of Federal Tax Lien for up to 120 days from the date of the credit or debit payment.

If you are required to make any payments under this agreement, make your check or money order payable to the United States Treasury and send it to:

Internal Revenue Service P.O. Box

Fresno,

Please send all other correspondence to:

Internal Revenue Service PO Box -Memphis,

continued on next page

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You must promptly notify us of any change in your address or marital status to ensure we can communicate with you about the status of your offer.

If you have submitted a joint offer with your spouse or former spouse and you are meeting or have met all the conditions of your offer agreement, but your spouse or former spouse does not meet the conditions of the offer agreement, your offer will not default.

If you fail to meet any of the terms and conditions of the offer, we will issue a notice to default the agreement. If the offer defaults, the original tax, including all penalties and interest will be due immediately. If we issue the default notice, we may:

- Immediately file suit to collect the entire unpaid balance ofthe offer.

- Immediately file suit to collect an amount equal to theoriginal amount of the tax liability as liquidating damages,minus any payments already received under the terms of thisoffer.

- Disregard the amount of the offer and apply all amountsalready paid under the offer against the original amount ofthe tax liability.File suit or levy to collect the original amount of the taxliability.

If you have any questions, you can contact the person listed at the top of this letter.

Enclosure cc:POA

Sincerely,

SB Letter 54$3 Accept (AOIC) (1-2015)

This Product Contains Sensitive Taxpayer Data

Account TranscriptRequest Date: 06-07-2017Response Date: 06-07-2017

Tracking Number: 100FORM NUMBER: 1040TAX PERIOD: Dec. 31, 2004

TAXPAYER IDENTIFICATION NUMBER: 32

<<<<POWER OF ATTORNEY/TAX INFORMATION AUTHORIZATION (POA/TIA) ON FILE>>>>--- ANY MINUS SIGN SHOWN BELOW SIGNIFIES A CREDIT AMOUNT ---

ACCOUNT BALANCE: 0.00ACCRUED INTEREST: 0.00 AS OF: Jun. 19, 2017ACCRUED PENALTY: 0.00 AS OF: Jun. 19, 2017

ACCOUNT BALANCE PLUS ACCRUALS(this is not a payoff amount): 0.00

** INFORMATION FROM THE RETURN OR AS ADJUSTED **

EXEMPTIONS: 03FILING STATUS: Head of HouseholdADJUSTED GROSS INCOME: 99,842.00TAXABLE INCOME: 66,280.00TAX PER RETURN: 23,601.00SE TAXABLE INCOME TAXPAYER: 75,016.00SE TAXABLE INCOME SPOUSE: 0.00TOTAL SELF EMPLOYMENT TAX: 11,607.00

RETURN DUE DATE OR RETURN RECEIVED DATE (WHICHEVER IS LATER) Apr. 15, 2005PROCESSING DATE Jun. 06, 2005

TRANSACTIONS

CODE EXPLANATION OF TRANSACTION CYCLE DATE AMOUNT150 Tax return filed 20052108 06-06-2005 $22,051.00n/a 89 -5806 W-2 or 1099 withholding 04-15-2005 -$172.00610 Payment with return 04-16-2005 -$11,978.00

276 Penalty for late payment of tax 20052108 06-06-2005 $99.01196 Interest charged for late payment 20052108 06-06-2005 $84.99971 Installment agreement established 08-09-2005 $0.00922 Review of unreported income 03-11-2007 $0.00971 Tax period blocked from automated levy program 02-06-2006 $0.00971 No longer in installment agreement status 01-09-2006 $0.00971 Collection due process Notice of Intent to Levy -- issued 08-07-2006 $0.00582 Lien placed on assets due to balance owed 08-04-2006 $0.00360 Fees and other expenses for collection 09-04-2006 $30.00971 Collection due process Notice of Intent to Levy -- return receipt signed 09-07-2006 $0.00971 Installment agreement established 11-07-2006 $0.00971 No longer in installment agreement status 01-01-2007 $0.00290 Additional tax assessed

04-15-201820071208 04-02-2007 $1,725.00

n/a 29 -7670 Payment 06-26-2007 -$8,105.00

Accepted Offer In

Compromise

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971 Tax period blocked from automated levy program 03-17-2008 $0.00971 Notice issued

CP 071C07-06-2009 $0.00

276 Penalty for late payment of tax 20092508 07-06-2009 $2,381.97277 Reduced or removed penalty for late payment of tax 12-21-2009 -$155.25971 Tax period blocked from automated levy program 02-08-2010 $0.00971 Collection due process Notice of Intent to Levy -- issued 01-27-2010 $0.00971 Collection due process Notice of Intent to Levy -- undeliverable 02-08-2010 $0.00971 Notice issued

CP 071C07-04-2011 $0.00

276 Penalty for late payment of tax 20112508 07-04-2011 $155.25971 Notice issued

CP 071C06-30-2014 $0.00

196 Interest charged for late payment 20142405 06-30-2014 $4,261.86971 Notice issued

CP 071C07-06-2015 $0.00

196 Interest charged for late payment 20152405 07-06-2015 $321.35583 Removed lien 07-10-2015 $0.00971 Tax period blocked from automated levy program 02-15-2016 $0.00960 Appointed representative 01-26-2016 $0.00480 Received offer in compromise 03-03-2016 $0.00481 Denied offer in compromise 08-03-2016 $0.00971 Tax period blocked from automated levy program 10-24-2016 $0.00480 Received offer in compromise 03-03-2016 $0.00670 Payment

Offer in Compromise04-03-2017 -$200.00

780 Accepted offer in compromise 03-16-2017 $0.00


write off balance -10,050.18

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ACCOUNT BALANCE: 32,287.00ACCRUED INTEREST: 0.00 AS OF: Jun. 19, 2017ACCRUED PENALTY: 0.00 AS OF: Jun. 19, 2017

ACCOUNT BALANCE PLUS ACCRUALS(this is not a payoff amount): 32,287.00


EXEMPTIONS: 03FILING STATUS: Head of HouseholdADJUSTED GROSS INCOME: 95,861.00TAXABLE INCOME: 78,961.00TAX PER RETURN: 29,155.00SE TAXABLE INCOME TAXPAYER: 90,000.00SE TAXABLE INCOME SPOUSE: 0.00TOTAL SELF EMPLOYMENT TAX: 13,914.00

RETURN DUE DATE OR RETURN RECEIVED DATE (WHICHEVER IS LATER) Dec. 07, 2006PROCESSING DATE Mar. 26, 2007

TRANSACTIONS

CODE EXPLANATION OF TRANSACTION CYCLE DATE AMOUNT150 Tax return filed 20071108 03-26-2007 $29,155.00n/a 89460 Extension of time to file tax return ext. Date 10-15-2006 04-11-2006 $0.00610 Payment with return 12-07-2006 -$15,000.00

570 Additional account action pending 03-26-2007 $0.00170 Penalty for not pre-paying tax

04-08-201820071108 03-26-2007 $1,052.00

166 Penalty for filing tax return after the due date04-08-2018

20071108 03-26-2007 $2,623.95

276 Penalty for late payment of tax 20071108 03-26-2007 $1,449.30196 Interest charged for late payment 20071108 03-26-2007 $1,956.63670 Payment 11-01-2007 -$450.00

971 Tax period blocked from automated levy program 03-17-2008 $0.00582 Lien placed on assets due to balance owed 07-11-2008 $0.00360 Fees and other expenses for collection 08-04-2008 $28.00971 Notice issued

CP 071C07-06-2009 $0.00

276 Penalty for late payment of tax 20092508 07-06-2009 $1,865.92971 Collection due process Notice of Intent to Levy -- issued 01-27-2010 $0.00971 Collection due process Notice of Intent to Levy -- undeliverable 02-08-2010 $0.00

Amount Compromised

AMOUNT COMPROMISED

ACCEPTEDOFFER

IN COMPROMISE

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971 Notice issuedCP 071C

07-04-2011 $0.00

276 Penalty for late payment of tax 20112508 07-04-2011 $753.77971 Notice issued

CP 071C06-30-2014 $0.00

196 Interest charged for late payment 20142405 06-30-2014 $8,111.71971 Notice issued

CP 071C07-06-2015 $0.00

196 Interest charged for late payment 20152405 07-06-2015 $976.72960 Appointed representative 01-26-2016 $0.00480 Received offer in compromise 03-03-2016 $0.00670 Payment 03-02-2016 -$186.00

670 Payment 03-02-2016 -$50.00

481 Denied offer in compromise 08-03-2016 $0.00971 Tax period blocked from automated levy program 10-24-2016 $0.00480 Received offer in compromise 03-03-2016 $0.00971 Initial levy imposed 04-17-2017 $0.00780 Accepted offer in compromise 03-16-2017 $0.00583 Removed lien 04-28-2017 $0.00


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Tracking Number: 100FORM NUMBER: 1040ATAX PERIOD: Dec. 31, 2007



ACCOUNT BALANCE: 134,689.41ACCRUED INTEREST: 0.00 AS OF: Jun. 19, 2017ACCRUED PENALTY: 0.00 AS OF: Jun. 19, 2017

ACCOUNT BALANCE PLUS ACCRUALS(this is not a payoff amount): 134,689.41


EXEMPTIONS: 01FILING STATUS: SingleADJUSTED GROSS INCOME: 213,826.00TAXABLE INCOME: 206,119.00TAX PER RETURN: 0.00SE TAXABLE INCOME TAXPAYER: 97,500.00SE TAXABLE INCOME SPOUSE: 0.00TOTAL SELF EMPLOYMENT TAX: 17,243.00

RETURN DUE DATE OR RETURN RECEIVED DATE (WHICHEVER IS LATER) Nov. 13, 2012PROCESSING DATE Dec. 10, 2012

TRANSACTIONS

CODE EXPLANATION OF TRANSACTION CYCLE DATE AMOUNT150 Substitute tax return prepared by IRS 12-10-2012 $0.00n/a 28 -2460 Extension of time to file tax return ext. Date 10-15-2008 04-15-2008 $0.00140 Inquiry for non-filing of tax return 03-30-2009 $0.00971 Notice issued

CP 005904-20-2009 $0.00

595 Account referred for review 12-10-2012 $0.00570 Additional account action pending 12-10-2012 $0.00420 Examination of tax return 11-29-2012 $0.00170 Penalty for not pre-paying tax

09-28-202520143505 09-15-2014 $3,246.45

160 Penalty for filing tax return after the due date09-28-2025

20143505 09-15-2014 $16,049.48

300 Additional tax assessed by examination09-28-2025

20143505 09-15-2014 $71,331.00

n/a 28 4421 Closed examination of tax return 09-15-2014 $0.00336 Interest charged for late payment 20143505 09-15-2014 $23,014.18276 Penalty for late payment of tax 20143505 09-15-2014 $17,832.75971 Notice issued

CP 002209-15-2014 $0.00

971 Notice issuedCP 071C

07-06-2015 $0.00

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AMOUNT COMPROMISED

AMOUNT COMPROMISED

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196 Interest charged for late payment 20152405 07-06-2015 $3,215.55960 Appointed representative 01-15-2016 $0.00480 Received offer in compromise 03-03-2016 $0.00481 Denied offer in compromise 08-03-2016 $0.00971 Tax period blocked from automated levy program 10-24-2016 $0.00480 Received offer in compromise 03-03-2016 $0.00971 Initial levy imposed 04-17-2017 $0.00780 Accepted offer in compromise 03-16-2017 $0.00


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Tracking Number: 100 1FORM NUMBER: 1040TAX PERIOD: Dec. 31, 2009


ALBERTO RAMOS<<<<POWER OF ATTORNEY/TAX INFORMATION AUTHORIZATION (POA/TIA) ON FILE>>>>

--- ANY MINUS SIGN SHOWN BELOW SIGNIFIES A CREDIT AMOUNT ---




EXEMPTIONS: 01FILING STATUS: SingleADJUSTED GROSS INCOME: 10,253.00TAXABLE INCOME: 903.00TAX PER RETURN: 539.00SE TAXABLE INCOME TAXPAYER: 2,929.00SE TAXABLE INCOME SPOUSE: 0.00TOTAL SELF EMPLOYMENT TAX: 448.00

RETURN DUE DATE OR RETURN RECEIVED DATE (WHICHEVER IS LATER) Jan. 20, 2016PROCESSING DATE Jun. 06, 2016

TRANSACTIONS

CODE EXPLANATION OF TRANSACTION CYCLE DATE AMOUNT150 Tax return filed 20162005 06-06-2016 $539.00n/a 18960 Appointed representative 01-15-2016 $0.00766 Credit to your account 04-15-2010 -$183.00768 Earned income credit 04-15-2010 -$224.00166 Penalty for filing tax return after the due date

03-16-202720162005 06-06-2016 $132.00

276 Penalty for late payment of tax 20162005 06-06-2016 $33.00196 Interest charged for late payment 20162005 06-06-2016 $57.89971 Notice issued

CP 001406-06-2016 $0.00

971 Tax period blocked from automated levy program 11-21-2016 $0.00480 Received offer in compromise 03-03-2016 $0.00971 Initial levy imposed 04-17-2017 $0.00780 Accepted offer in compromise 03-16-2017 $0.00


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AMOUNT COMPROMISED

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EXEMPTIONS: 01FILING STATUS: SingleADJUSTED GROSS INCOME: 512.00TAXABLE INCOME: 0.00TAX PER RETURN: 61.00SE TAXABLE INCOME TAXPAYER: 461.00SE TAXABLE INCOME SPOUSE: 0.00TOTAL SELF EMPLOYMENT TAX: 61.00

RETURN DUE DATE OR RETURN RECEIVED DATE (WHICHEVER IS LATER) Feb. 01, 2016PROCESSING DATE Apr. 04, 2016

TRANSACTIONS

CODE EXPLANATION OF TRANSACTION CYCLE DATE AMOUNT150 Tax return filed 20161105 04-04-2016 $61.00n/a 89 -6960 Appointed representative 01-15-2016 $0.00599 Tax return secured 02-17-2016 $0.00768 Earned income credit 04-15-2012 -$40.00166 Penalty for filing tax return after the due date

03-16-202720161105 04-04-2016 $21.00


CP 001404-04-2016 $0.00

971 Notice issuedCP 0071

08-29-2016 $0.00

196 Interest charged for late payment 20163205 08-29-2016 $0.85276 Penalty for late payment of tax 20163205 08-29-2016 $0.21480 Received offer in compromise 03-03-2016 $0.00780 Accepted offer in compromise 03-16-2017 $0.00


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EXEMPTIONS: 01FILING STATUS: SingleADJUSTED GROSS INCOME: 2,092.00TAXABLE INCOME: 0.00TAX PER RETURN: 277.00SE TAXABLE INCOME TAXPAYER: 2,078.00SE TAXABLE INCOME SPOUSE: 0.00TOTAL SELF EMPLOYMENT TAX: 277.00

RETURN DUE DATE OR RETURN RECEIVED DATE (WHICHEVER IS LATER) Feb. 12, 2016PROCESSING DATE Apr. 04, 2016

TRANSACTIONS

CODE EXPLANATION OF TRANSACTION CYCLE DATE AMOUNT150 Tax return filed 20161105 04-04-2016 $277.00n/a 89 -6960 Appointed representative 01-15-2016 $0.00599 Tax return secured 02-17-2016 $0.00768 Earned income credit 04-15-2013 -$159.00166 Penalty for filing tax return after the due date

03-16-202720161105 04-04-2016 $118.00


CP 001404-04-2016 $0.00

971 Notice issuedCP 0071

08-29-2016 $0.00

196 Interest charged for late payment 20163205 08-29-2016 $4.55276 Penalty for late payment of tax 20163205 08-29-2016 $5.31971 Tax period blocked from automated levy program 11-28-2016 $0.00480 Received offer in compromise 03-03-2016 $0.00971 Initial levy imposed 04-17-2017 $0.00780 Accepted offer in compromise 03-16-2017 $0.00


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offer in compromise · 2018-11-15 · offer in compromise . this is a recent example of an accepted...

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