George Consulting Inc.
The Myths of the IRS
the IRS doesn't really promote Offers directly, the myths
of the IRS have evolved over time.
#1 - I've been told that the IRS will turn down the
offer of a young person.
of all, it's against Federal Law. It's called age discrimination.
That doesn't mean it has not happened a couple of times in
the last ten years.
#2 - The IRS wants to look at your future income.
the past the IRS wanted people to sign collateral
agreements. The agreements stated that if the taxpayer earned
above a certain amount per year over the five year compliance
period, they would have to give the IRS a minimal percentage
of the excess income. I've seen only one of those since1996.
#3 - You've got to be unemployed and eating out of garbage
can to get an offer.
above material, I hope, did away with that myth.
#4 - If you get some hard nosed Revenue Officer, they can
torpedo your offer.
was very true a few years ago and is less true today....it's
a half myth. Just recently I had an Offer Technician ask about
a guys health. Some do...some don't. It's amassing how much
flexibility they have in asking for information. Most Offer
Technicians will want financial information over the last
three months and some will ask for nine. However, our ability
to withdraw and re-file an offer can be a useful tool if we
run into problems in this area. If we must withdraw an Offer
for any reason and re-file it, we do not charge an additional
#5 - The IRS will come to your house and count your sheets
to determine what your personal property is worth.
the past that was true. But rarely today. If your case is
already with a Revenue Officer and he wants to handle the
offer investigation himself, you could end up bringing your
paperwork directly to him or he may visit you at home, but
we find this to be true in very few cases these days.