This is a real, redacted IRS Form 433-A (OIC) from an accepted $20 Offer in Compromise that settled $194,212.36 in IRS tax debt. In this video, Logan Allec, CPA and owner of Choice Tax Relief, walks through the form page by page and explains the actual financial analysis behind the accepted offer. You’ll learn how Form 433-A (OIC) addresses: * Bank accounts, investments and retirement accounts * Real estate and vehicle equity * Business assets and self-employment income * Monthly household income * Actual expenses versus IRS-allowable expenses * Remaining monthly income * The calculation of a taxpayer’s minimum offer amount * The supporting documents the IRS may require In this case, the client reported approximately $3,865 in monthly income, $5,590 in monthly expenses, zero remaining monthly income and essentially no available asset equity. Those numbers supported a calculated reasonable collection potential of zero and an Offer in Compromise of $20. Watch the complete story of t...