Actor Wesley Snipes’ Offer in Compromise Got Sniped by the IRS
Our partners in the Tax Controversies Department have authored an article titled Actor Wesley Snipes’ Offer in Compromise Got Sniped by the IRS published in the New York Law Journal.
Using the Snipes case as an illustration, Terence E. Smolev and Christina Jonathan, discuss the ins and outs of the Internal Revenue Service’s “Fresh Start” initiative that permits qualified taxpayers a means to pay less taxes through the Offer in Compromise (O.I.C.) program.