Question
The formula for determining if your client is likely to qualify for an offer in compromise is: Income less expenses equals balance owed. Net equity
The formula for determining if your client is likely to qualify for an offer in compromise is: Income less expenses equals balance owed. Net equity in assets + Monthly disposable income X months on CSED is less than the total balance owed.
Net assets are less than the balance owed. Annual income is less than the balance owed.
The formula for determining if your client is likely to qualify for an offer in compromise is: Income less expenses equals balance owed. Net equity in assets + Monthly disposable income X months on CSED is less than the total balance owed.
Net assets are less than the balance owed. Annual income is less than the balance owed.
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