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Cents Savvy
Oct 1 •
GENERAL TAX RELIEF DISCUSSION
Owe the IRS more than you can handle? Could you actually settle for less — legally?
When you submit a valid OIC, the IRS pauses many aggressive collection actions (e.g. levies) while the offer is under review.
However: interest and penalties continue accruing during review, so timing and accuracy matter.
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Owe the IRS more than you can handle? Could you actually settle for less — legally?
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