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Tax and financial planning news from around the web: October 21 – 25, 2024
Written on Oct 25, 2024
While taxpayers can resolve tax debt for less than the full amount owed through the IRS’s offer in compromise program, settling tax debt for pennies on the dollar is unlikely.
The National Association of Tax Professionals criticized an ad promoting Intuit's TurboTax full-service option, saying it encouraged taxpayers to leave their professional preparers.