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NEW THIRD EDITION A GUIDE TO THE IRS OFFER IN COMPROMISE PROGRAM Updated in 2015, this no-nonsense step-by-step guide will help you or your business prepare a formal Offer in Compromise Application to the IRS to settle delinquent taxes, penalties & interest for a fraction of the original debt. The IRS Offer in Compromise Program is designed to give taxpayers and businesses a "fresh start" by eliminating tax debt & removing federal tax liens even if past tax returns have not been filed. Info