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The IRS can settle for an Supply in Compromise if they are convinced that there is some question as to regardless of whether the assessed tax legal responsibility is proper, that there is some doubt as to regardless of whether the entire amount of the tax financial debt would be collectible by the IRS due to your simply missing the signifies to ever pay out, or that there is explanation to think collection of the entire tax financial debt, even if possible, would end result in unacceptable financial hardship or would be unfair and inequitable, which comes into engage in most typically for taxpayers who are disabled or elderly.
