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    dimples1666's Avatar
    dimples1666 Posts: 1, Reputation: 1
    New Member
     
    #1

    Aug 23, 2006, 11:40 PM
    Offer of compromise,Tax lien
    We have a tax lien against us.We are considering doing a offer of compromise.
    Once we do that will the tax lien be taken off? Also my husband and his brother are named in a trust.It's not for much,Everything is supposed to be sold and split 3 ways and 1/3 of it going to a church. Will I have to put that in an offer of compromise?Since the person who put him and bro. on trust hasn't died yet? Is It best to get a lawyer for the offer or is it something we can do on our own?
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
     
    #2

    Aug 24, 2006, 06:52 AM
    I suggest you contact an enrolled agent (EA), who is a tax professional who is licensed by the IRS to represent clients before the IRS.

    AN EA is a certified tax specialist specially trained to prepare Offers in Compromise. Though not cheap, they will cost much less than a lawyer and probably do a better job.
    jayco's Avatar
    jayco Posts: 1, Reputation: 1
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    #3

    Sep 5, 2006, 09:30 AM
    I have a tax lien $28,500 filed 1991.This was my income tax for the year 1990.I went to federale prison 10 years from '91 t0 2001,something other than tax evasion.I never agreed to any payment plan.Does the statue of limitation apply here?
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
     
    #4

    Sep 5, 2006, 03:24 PM
    Generally, the IRS writes off tax debts that are over 15 years old. However, they are not bound by that standard by law.

    Let me reiterate: You need to get professional help! See my earlier post,

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