I SETTLED MY IRS TAX DEBT OF OVER $8000 TO $185 DIY | OFFER IN COMPROMISE

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  • เผยแพร่เมื่อ 27 ต.ค. 2024

ความคิดเห็น • 461

  • @dre4202
    @dre4202 7 ปีที่แล้ว +220

    this gave me a whole lot of confidence to submit my OIC last year. i owed $300,000 from 2008 and 2013. i settled this year for $1000. Thank you so much for the encouragement to do it myself!!!!

    • @jesusrdz4091
      @jesusrdz4091 6 ปีที่แล้ว +10

      Ken Bowers hi .. it call my attention .. 300k??? I’m going to start the same journey but obviously not that amount, I think about 20k or something, could you make some more details about your case? May be EXTREMELY HELPFUL... thanks a lot, and I can’t tell you how’s that feel because we all know that already...

    • @cecebaby05
      @cecebaby05 6 ปีที่แล้ว +2

      Ken Bowers wow, how did you do it

    • @wendielopez3446
      @wendielopez3446 6 ปีที่แล้ว +8

      I owe over 73,000 how where you able to only pay 1,000 I would love to know in my situation thanks

    • @tatitupme
      @tatitupme 6 ปีที่แล้ว +1

      Ken Bowers omg r u serious that amount ONLY

    • @FlyWon
      @FlyWon  6 ปีที่แล้ว +27

      It always boggles my mind when ppl comment “how” on a video that explicitly tells you how...

  • @NancySettles
    @NancySettles ปีที่แล้ว +2

    Hello, I just came across your video in searching for IRS Compromise, not sure if you will ever see this comment, but thank you . I am going through this now, I got hit for 2021 big time! Not sure if it is because of Covid or what, but they got me! I did see that form 656 and the other Compromise Form. Wish me Luck! Thank you so much for sharing and taking time to follow through and seeing there could be a chance to lower my amount owed.

  • @cdaguilar1
    @cdaguilar1 3 ปีที่แล้ว +9

    Thank you so much for the video, it really helped guide me through the process and what to expect . I'm so glad i didn't pay someone to do something I could do myself . I submitted my offer 4/20/20 and after some back and fourth i got my acceptance letter today 8/26/21 🙌🏾

    • @FlyWon
      @FlyWon  3 ปีที่แล้ว +2

      YOU GO GIRL!!!

    • @cdaguilar1
      @cdaguilar1 3 ปีที่แล้ว

      @@FlyWon Thank you Hon !! Definitely would have never did it without this video. Thank you so much a million times ✨!!

    • @vibewithme8595
      @vibewithme8595 2 ปีที่แล้ว

      How do I summit

  • @haulingheartache2380
    @haulingheartache2380 5 ปีที่แล้ว +43

    We owe them nothing!

  • @dennishipsley8703
    @dennishipsley8703 10 หลายเดือนก่อน +3

    Why don't we realize if the IRS settles for less money then that tells ME......NONE OF THE MONEY WAS EVER "OWED" IN THE FIRST PLACE!!!!

    • @antilaw9911
      @antilaw9911 2 หลายเดือนก่อน

      Never owed because was never borrowed. It was stolen without your consent

  • @sheilagray6732
    @sheilagray6732 5 ปีที่แล้ว +15

    Hello Erica! Thank you so much for sharing this information. I have been looking and so nervous about my IRS Debt. I am ready to get this paid and taken care of and now knowing about the options is wonderful. I thank God that HE led me to find your page.

  • @o.h.w.6638
    @o.h.w.6638 6 ปีที่แล้ว +20

    Thank you!!! I’ve been paying for years on installment plans but, because of interest, the amount remains the same after 5 years. I’m stuck. I’m going to try this! THANK YOU.

    • @TeAmoCristoJesus
      @TeAmoCristoJesus 5 ปีที่แล้ว +3

      Did your try it, did it work for you? I’m in a similar for years and it’s so stressful...

  • @christrammell-strategistla6211
    @christrammell-strategistla6211 7 ปีที่แล้ว +10

    Great video on the process. THANK YOU!!
    I have found that the IRS agents when I call have been very helpful to answer my questions and tell me the steps I need to take. So I do recommend to everybody to make that phone call and start to feel that there is the possibility of getting this done.
    Thank you for sharing this video, my amount owed is similar to yours and it sounds like I may have set myself up to pay more than what you closed your settlement for. I will have to review what I offered and see how I could get closer to your settlement amount.
    Once again, thank you again for being an advocate for the people, honestly, truthfully and the best we can when life gets us out of sorts sometimes.

    • @FlyWon
      @FlyWon  7 ปีที่แล้ว +1

      Chris Trammell thx for sharing! I wish you much success!

    • @wubblycubbily5430
      @wubblycubbily5430 6 ปีที่แล้ว +7

      Totally agree. The IRS gets much more by working with people and it cost them a lot less to work with you than go after you.

  • @FlyWon
    @FlyWon  5 ปีที่แล้ว +21

    Hi! Thx for watching. I am NOT available for additional questions on this topic. I generously shared all the information I know IN this video.

    • @foggymountaindispatch2118
      @foggymountaindispatch2118 5 ปีที่แล้ว +3

      The thief wanted this much,
      but I only gave him $185

    • @edwardfarmer4230
      @edwardfarmer4230 4 ปีที่แล้ว +2

      Great video ! Was to the point , honest and helpful .

    • @chinuahawk
      @chinuahawk 4 ปีที่แล้ว +2

      Erica Fly A friend sent this to me yesterday and I’m so grateful for the information you’ve shared. I never heard of this before today. Thanks for taking the time to be a major blessing to those of us who were unaware and I hope the blessing returns to you seven times over!

  • @lisathomas1622
    @lisathomas1622 3 ปีที่แล้ว +10

    Thank you for sharing Erica. I’m going to have to do this soon. I been living in terror, but I have some help now and researching what to do next. So thanks for the information! And you’re beautiful.

    • @FlyWon
      @FlyWon  3 ปีที่แล้ว +1

      Thank you❤️

  • @carlosmelendez8317
    @carlosmelendez8317 5 ปีที่แล้ว +7

    I believe this does work. You don't have to pay anyone to do it just takes time. I just got a letter from the IRS that I owe close to $5000 and I barely get by with paying all my bills. This is a great program. Even if it is a few hundred dollars. That is better than paying the entire balance. The worst they can do is say no and then you set up a payment plan and deal with it.

    • @FlyWon
      @FlyWon  5 ปีที่แล้ว

      Carlos Melendez exactly

    • @vickiscott5191
      @vickiscott5191 5 ปีที่แล้ว +1

      @@johnejonesea7448 I have 50,000 tax debt......but my salary is high. Can a OIC work for me?

  • @dallasdynasty0077
    @dallasdynasty0077 6 ปีที่แล้ว +7

    I'm going thru the same thing for 8000$! I thought I did everything by the book but they are slamming me with this bill and it's created a bunch of stress for us. The proof I have isn't good enough for some reason so this is a glimmer of hope now. Thx!

  • @waden404
    @waden404 6 ปีที่แล้ว +15

    Erica, thank you. without going into details,,,,,Im in a hole to the IRS and have an issue to fix. Thanks for the help gorgeous.

  • @ianlloyd5932
    @ianlloyd5932 5 ปีที่แล้ว +7

    so glad i found this. i currently owe 25k for two years i did file on. i also have 4 more years i need to file for accumulating to over 600k . all in all after i file all those late years i will owe well over 100k. i hope this method works for me to get a settlement for a fraction of what i owe like you. i was just so scared because i had a business that wend under because we grew too quickly and mis managed our money. i walked away with a little something but i deffinately dont have 100k . fingers crossed. thanks i feel a little more optimistic about life.

    • @naturalfastweightloss9662
      @naturalfastweightloss9662 5 ปีที่แล้ว

      Hi Ian,
      Sorry to hear about your situation. If you're interested I help people in tough financial situations quickly sell their land, residential, and commercial properties quickly. If you get to a point where you're looking for a quick, hassle free exit feel free to message me or contact me at indeoinvestments@protonmail.com

    • @LoverStar1111
      @LoverStar1111 6 หลายเดือนก่อน

      Did it work?

  • @saphiquefemme
    @saphiquefemme 2 ปีที่แล้ว +3

    This is a miracle and motivation. Thank you so much for sharing! Stay blessed 👏🏿

  • @BigggShuggg
    @BigggShuggg 7 ปีที่แล้ว +12

    LISTEN!!!!! I just turned mine in today and your story is my story as well. I feel relieved already just by mailing it in. so how I am ready for the rat race of getting the additional information as they need it. I know you feel relief.

    • @FlyWon
      @FlyWon  7 ปีที่แล้ว

      Truth N Laughter yes, definitely relieved. Pls keep me posted!

    • @BigggShuggg
      @BigggShuggg 7 ปีที่แล้ว +2

      I will for sure. Walk in freedom!!!

    • @brsugarbabe
      @brsugarbabe 6 ปีที่แล้ว

      Grumma Shugg N' Dem How did it go?

    • @teeno684
      @teeno684 5 ปีที่แล้ว

      Erica Fly how did it go???

    • @TeAmoCristoJesus
      @TeAmoCristoJesus 5 ปีที่แล้ว

      How did it go??

  • @wubblycubbily5430
    @wubblycubbily5430 6 ปีที่แล้ว +6

    a BIG POINT is also you can do this yourself don't call those 800 numbers saying they'll do this for you. Cost you thousands instead of 150. I have a friend who's job is to work with people on these for the IRS.

    • @wubblycubbily5430
      @wubblycubbily5430 6 ปีที่แล้ว +5

      A few weeks and then you usually wind up with an offer in compromise with a payment plan if you can't come up with the money right away.

    • @JJGebora
      @JJGebora 5 ปีที่แล้ว

      Can you please give your friend contact information? I need help. My email: jjg61752@aol.com Thank you!

    • @bradlee2342
      @bradlee2342 5 ปีที่แล้ว

      WUBBLY CUBBILY could you give your friend I’m info also dsmlink12@gmail.com

  • @meganhayes8009
    @meganhayes8009 6 ปีที่แล้ว +24

    Hi Erica, i found this video tonight and it has given me a ray of hope. i owe 20,000, but now i'm unmarried, with a baby, and make only $800 per month. the irs debt has sent me into really severe depression, and so hearing your success story makes me feel hopeful. One question : where do i add in child care costs? i've been researching, and i can't find the irs standard for that category. thank you so much for posting this

    • @robertduran1945
      @robertduran1945 5 ปีที่แล้ว +2

      Yes the depression side of it is terrible hope you feel better

    • @LYBism
      @LYBism 4 ปีที่แล้ว +2

      I truly hope you were able to settle the debt.

    • @melisacaspers5142
      @melisacaspers5142 3 ปีที่แล้ว

      Thecybermaster . Com helped me successfully

  • @mamieslife1954M
    @mamieslife1954M 5 ปีที่แล้ว +19

    thank you, my offer has been accepted, but I offer 800 on 12000 debt I am happy to pay that amount

    • @FlyWon
      @FlyWon  5 ปีที่แล้ว

      mamieslife congrats!

    • @vickiscott5191
      @vickiscott5191 5 ปีที่แล้ว +2

      @@FlyWon but does apply to people who are working?

    • @FlyWon
      @FlyWon  5 ปีที่แล้ว

      Vicki Scott um ive always worked...

    • @vickiscott5191
      @vickiscott5191 5 ปีที่แล้ว

      @@FlyWon great to hear. Was your salary over 100,000? Is the offer prove to be accepted if the salary is lower!? Thank you in advance.

    • @FlyWon
      @FlyWon  5 ปีที่แล้ว

      Vicki Scott no

  • @josiebfancy
    @josiebfancy 6 ปีที่แล้ว +10

    Currently in the process of submitting an OIC. Thank you for making this video!!

    • @Jay-ni7lt
      @Jay-ni7lt 4 ปีที่แล้ว +1

      Did you ever submit one?

    • @josiebfancy
      @josiebfancy 4 ปีที่แล้ว +5

      @@Jay-ni7lt yes I did and was able to settle my debt for $200.

    • @robertojeda88
      @robertojeda88 4 ปีที่แล้ว

      Josie B Fancy how much did you owe?

    • @josiebfancy
      @josiebfancy 4 ปีที่แล้ว

      @@robertojeda88 almost 3,000. I probably could have gotten away with paying less. But really wanted my offer to be accepted.

    • @Jay-ni7lt
      @Jay-ni7lt 4 ปีที่แล้ว

      @@josiebfancy Thank you for replying! How long did the process take? I'm seeing different timelines. Also, did they reach out to you for more info or question you on anything? Sorry so many questions

  • @feegurl7684
    @feegurl7684 3 ปีที่แล้ว +3

    So while you put an offer in compromise does this stop the collection process?

  • @MariahLashayWay333
    @MariahLashayWay333 3 ปีที่แล้ว +1

    Something told me to look this up just now. I owe $628 in state & $1200 Something in Fed... together that is $1800 and change.... 😫🤷🏽‍♀️. So I def will do this.

  • @Jay-ni7lt
    @Jay-ni7lt 4 ปีที่แล้ว +3

    Great video! what kind of information did they reach out to you for? Did they ever question what was on your bank statements? Did they ask utility bills, rental agreements? Did the agents ever call you? thanks for this video.

  • @Leslie-t3e
    @Leslie-t3e 8 หลายเดือนก่อน +1

    I own my home and was told by the IRS THAT i didn't qualify due to owning my home.

  • @kathleenbrowne198
    @kathleenbrowne198 ปีที่แล้ว +1

    Hi, Erica. I am 162K in debt, mostly student loans and taxes. I've already submitted the student for total and complete discharge because I'm currently on SSDI and my pension at age 48 due to medical reasons. I'm waiting for a decision on that, but currently, I'm working on the IRS/OIC and came across your video and would like some advice. How have things been after your final payment with the IRS?

  • @tanyanicole7213
    @tanyanicole7213 2 ปีที่แล้ว +2

    Hey Miss Erica, your God sent for providing this information. Thank you.....

  • @TalkingIsh100
    @TalkingIsh100 6 ปีที่แล้ว +7

    If u don't mind me asking how much of what u owed was from penalties and interest???

  • @tellsingandplay
    @tellsingandplay 5 ปีที่แล้ว +1

    Erica, THAT was FLY!!

  • @emilyowen7952
    @emilyowen7952 4 ปีที่แล้ว +1

    Thank you for taking the time to do this video...I owe a similar amount as you and this makes me very hopeful!🙂

    • @julietlloyd3350
      @julietlloyd3350 4 ปีที่แล้ว

      Good and nice views noted.. Well I have a little testimonial to give for those desperately in need for a credit report fix I was also stuck some months back, I applied for a house and a car loan about a couple of months ago and it was rejected because my score was in a low 486 with a couple of negative items (including eviction, collections, bankruptcy, derogatory accounts, Delinquent, hard inquiries and a judgment), I was really devastated and Perplexed. I ran into an old friend, I explained everything to him and he Eventually introduced me to a company @ paragonofficials.com who I contacted on their cell +1 (302) 238-6817) they are capable to hack everything Including PayPal, cash app, bank accounts, credit card payment, bitcoin hack and western union transfer. Just in twenty four hours , he had my credit score raised to 850, wiping out the entire negative items with the addition of some Authorized Users trade lines. I swore to reveal the hacker’s proficiency to the World if he should fix my dead credit score. you can also find him on Instagram {1paragon_hacks). paragonhackers@gmailcom

  • @jayromeo9631
    @jayromeo9631 6 ปีที่แล้ว +2

    This is awesome. Tha k you for sharing. Was looking into having someone else do this for me but have heard sometimes those companies charge you a large amount of money to do something you can di yourself. Thank you!

  • @brittastic
    @brittastic 6 ปีที่แล้ว +1

    Question How detailed do you think I have to be on the explanation page of why I need the reduction. I don't want to say to much or to less and lessen my chances of getting the amount reduced.

  • @saveourboysNow
    @saveourboysNow 4 ปีที่แล้ว +2

    Your haircut is phenomenal!

  • @tianah1568
    @tianah1568 3 ปีที่แล้ว

    Hi, I have a question I’m not sure if you know the answer or not but should I do one form for each year I may need or should I just combine the total amount due for both years?

  • @byhdjohnsonjr
    @byhdjohnsonjr 5 ปีที่แล้ว +3

    Did you have to pay and application and initial payment fee?

  • @ransomemckissick8184
    @ransomemckissick8184 3 ปีที่แล้ว +1

    In addition to FOrms 433-A and 656, what supporting documents should be submitted with the OIC? i.e., bank statements, paystubs, YTD P & L, etc

    • @jewels7139
      @jewels7139 3 ปีที่แล้ว +3

      If they do not ask for supporting documentation to be submitted with the OIC I definitely would not submit anything until they ask for it. With that being said it doesn’t hurt to get your paperwork in order ahead of time so you’re ready. I used to work for a business that was audited and this sounds the same. Wishing us all luck 🍀

  • @tarene5973
    @tarene5973 3 ปีที่แล้ว +1

    I'm sorry if this is a dumb question, but for the monthly expenses are you suppose to put more or less than what's the IRS national standard??? Please help

    • @melisacaspers5142
      @melisacaspers5142 3 ปีที่แล้ว +1

      Thecybermaster . Com saved me and my colleagues

  • @LMH61
    @LMH61 3 ปีที่แล้ว +1

    thank you for this. I attempted to do this 2 yrs ago but IRS told me you have to pay 20% of the offer you are proposing with your application (in addition to application fee) and they keep the 20% even if they reject your offer? They won't process application without the 20% up front? That's what they told me but maybe they gave me wrong info?

  • @Queondacutpodcast
    @Queondacutpodcast 4 ปีที่แล้ว +1

    I owe $3,923,
    I sent out the offer in compromise of $442 to pay within 5 months,
    I'm unemployed, hopefully I get the offer accepted 🙏

    • @JohnJones-hi5hm
      @JohnJones-hi5hm 4 ปีที่แล้ว

      Just something to think about. If you sent in the OIC application in the last couple of weeks then it's likely that the IRS won't review it until the spring / summer of 2021. They will base their determination on your financial picture at the time of review and not your current financial status.

    • @julietlloyd3350
      @julietlloyd3350 4 ปีที่แล้ว

      Good and nice views noted.. Well I have a little testimonial to give for those desperately in need for a credit report fix I was also stuck some months back, I applied for a house and a car loan about a couple of months ago and it was rejected because my score was in a low 486 with a couple of negative items (including eviction, collections, bankruptcy, derogatory accounts, Delinquent, hard inquiries and a judgment), I was really devastated and Perplexed. I ran into an old friend, I explained everything to him and he Eventually introduced me to a company @ paragonofficials.com who I contacted on their cell +1 (302) 238-6817) they are capable to hack everything Including PayPal, cash app, bank accounts, credit card payment, bitcoin hack and western union transfer. Just in twenty four hours , he had my credit score raised to 850, wiping out the entire negative items with the addition of some Authorized Users trade lines. I swore to reveal the hacker’s proficiency to the World if he should fix my dead credit score. you can also find him on Instagram {1paragon_hacks). paragonhackers@gmailcom

    • @eyeambrittney
      @eyeambrittney 2 ปีที่แล้ว

      Did you ever get a response on this

  • @ikesurg6161
    @ikesurg6161 6 ปีที่แล้ว +2

    Did you still have to pay an installment AS YOU WERE WAITING for a response to their agreement for the OIC?

    • @FlyWon
      @FlyWon  6 ปีที่แล้ว +2

      I Surf i never had to pay an installment...

  • @artmundozvlog78
    @artmundozvlog78 6 ปีที่แล้ว +1

    HI Erica, My Name is Arturo ,I recibe a letter from IRS said that I own 20k from 2016 , watching you video you when to same process, may questions is when you receive a letter from IRS you take action right away to fill out the application for OFFER COMPROMISE or you wait until they told you they will come over to you pay staff, garnishment, etc? and other thing is you make call with the IRS let them Know that you will send you Aplication I need a advice because I want to fill out the application and send it to them but I haven't contact them yeah, please I need you help, God Bless you.

  • @brettguercio4450
    @brettguercio4450 5 ปีที่แล้ว +33

    Thanks you I owed 53k settled for 5k

    • @rickylockard4681
      @rickylockard4681 5 ปีที่แล้ว +1

      How did you settle?

    • @joshuayarbrough7318
      @joshuayarbrough7318 4 ปีที่แล้ว +1

      Brett Guercio how did you settle?

    • @josiebfancy
      @josiebfancy 4 ปีที่แล้ว +8

      ​@@rickylockard4681 When you fill out the Offer in Compromise there is a section where you need to calculate how much you will be able to pay back based your expenses and how much you make.

    • @toriwilliams500
      @toriwilliams500 3 ปีที่แล้ว

      How? I drive trucks and didnt know about taxes. In probably on thT 50 grand I dont know. I kept all receipts.

    • @michaelconrad1801
      @michaelconrad1801 3 ปีที่แล้ว

      You are a bullshiter

  • @logicalrationalfishing7481
    @logicalrationalfishing7481 3 ปีที่แล้ว +1

    I have built a debt close to $9000, as a recovering addict I never planned for it to matter. I have turned my life around and have a child on the way, I must fix this debt for my wife and child. I am planning on trying an OIC, any tips? I barely make 29k a year as is...

    • @FlyWon
      @FlyWon  3 ปีที่แล้ว

      Tips in the video...

    • @logicalrationalfishing7481
      @logicalrationalfishing7481 3 ปีที่แล้ว

      @@FlyWon I meant any extra, the video was great! I have already jotted those down. Even if it fails your video has given me so much hope. I'd rather not be alive than watch my family suffer due to my past mistakes.

  • @kaileighporter5972
    @kaileighporter5972 2 ปีที่แล้ว

    i came across the video on a Wim, how much debt can u do the offer and compromise with? and once the offer is excepted are u obligated to pay the back taxes back? or is the offer all you pay?

  • @cassie7615
    @cassie7615 ปีที่แล้ว

    Hi Erica, Your video is a breath of fresh air! I am submitting an OIC with extenuating circumstances I am currently unemployed and paying the full amount would result in a further hardship...(this is listed on the Form 656) but based on that i have no idea how to figure how much to offer because the rules of income do not apply. I was just curious as to how you got yours down to $185-- was it just the income calculation followed on the form or did you go less than that amount? Thank you so much. You feedback would be very much appreciated.

  • @LYBism
    @LYBism 4 ปีที่แล้ว

    I have a a question, were you on a payment plan prior to receiving the offer? If so, were you required to continue making those payments would you waited on the offer?

    • @julietlloyd3350
      @julietlloyd3350 4 ปีที่แล้ว

      Good and nice views noted.. Well I have a little testimonial to give for those desperately in need for a credit report fix I was also stuck some months back, I applied for a house and a car loan about a couple of months ago and it was rejected because my score was in a low 486 with a couple of negative items (including eviction, collections, bankruptcy, derogatory accounts, Delinquent, hard inquiries and a judgment), I was really devastated and Perplexed. I ran into an old friend, I explained everything to him and he Eventually introduced me to a company @ paragonofficials.com who I contacted on their cell +1 (302) 238-6817) they are capable to hack everything Including PayPal, cash app, bank accounts, credit card payment, bitcoin hack and western union transfer. Just in twenty four hours , he had my credit score raised to 850, wiping out the entire negative items with the addition of some Authorized Users trade lines. I swore to reveal the hacker’s proficiency to the World if he should fix my dead credit score. you can also find him on Instagram {1paragon_hacks). paragonhackers@gmailcom

  • @rodywenlyrodywenly2944
    @rodywenlyrodywenly2944 7 ปีที่แล้ว +3

    O my god my 6yr old helped me find you. I am going through something. I really need help and can’t afford paying lawyer PLEASE ADVISE

  • @limbolimbo1838
    @limbolimbo1838 6 ปีที่แล้ว +1

    Helo erika did you have to submit recipts for clothes and items you were deducting?? Also did you call the IRS or did you submit the form online??

    • @FlyWon
      @FlyWon  6 ปีที่แล้ว

      Hi, no and you have to mail the forms...the information and links provided will explain those things in detail
      -Erica

  • @talulatree5297
    @talulatree5297 3 ปีที่แล้ว +1

    Thank you for this info. I'm scared to death, but you've given me hope. 😇

  • @gjonjuan5633
    @gjonjuan5633 4 ปีที่แล้ว +1

    During the time after filed your offer in compromise, did they file any liens/garnish your wages? Or is all that on hold pending and outcome

    • @JohnJones-hi5hm
      @JohnJones-hi5hm 4 ปีที่แล้ว +3

      The rule is, all collections activities are suspend until 30 days after the determination allowing you time to appeal their determination. However, the IRS doesn't always follow the rules. This especially applies to Revenue Officer's who sometimes break the rules making it very hard to get garnishments and liens lifted. You must mail the OIC application as well as any documents by certified mail only with a return signature to the correct OIC division, there are 2 locations. (The IRS uses a stamp). You do this because in case the IRS tries to pull some crap, and they do. Some people might argue that this is not true but I have several clients who have had this done to them. It's true that you can submit your own OIC but if the IRS abuses the rules you'll probably need a professionals help.

    • @julietlloyd3350
      @julietlloyd3350 4 ปีที่แล้ว

      Good and nice views noted.. Well I have a little testimonial to give for those desperately in need for a credit report fix I was also stuck some months back, I applied for a house and a car loan about a couple of months ago and it was rejected because my score was in a low 486 with a couple of negative items (including eviction, collections, bankruptcy, derogatory accounts, Delinquent, hard inquiries and a judgment), I was really devastated and Perplexed. I ran into an old friend, I explained everything to him and he Eventually introduced me to a company @ paragonofficials.com who I contacted on their cell +1 (302) 238-6817) they are capable to hack everything Including PayPal, cash app, bank accounts, credit card payment, bitcoin hack and western union transfer. Just in twenty four hours , he had my credit score raised to 850, wiping out the entire negative items with the addition of some Authorized Users trade lines. I swore to reveal the hacker’s proficiency to the World if he should fix my dead credit score. you can also find him on Instagram {1paragon_hacks). paragonhackers@gmailcom

  • @TrulyAGem718
    @TrulyAGem718 2 ปีที่แล้ว

    Hello, I’m currently going through it at the moment & in a lot of stress due to owing irs a large amount of money. I hope I do qualify for this. They said that I wrongly claim for benefits while I was working & now I need to pay all that money back. Thing is I only work one day a week & i don’t have money to pay. So how would I go about this.

  • @SHutchinson
    @SHutchinson 7 ปีที่แล้ว +3

    I watched it before but I have no problem watching and sharing again 😘

    • @FlyWon
      @FlyWon  7 ปีที่แล้ว

      thank you! I appreciate that

  • @wandan2275
    @wandan2275 4 ปีที่แล้ว +1

    Do you have to be working for your offer to be accepted

  • @BubblesBath
    @BubblesBath ปีที่แล้ว

    I owe 14,000 but I do not qualify because my husband make 100,000 .I'm a stay home mom and I owe one rental property. I was told I do not qualify ....let me know of any other programs

  • @temirtaragay8932
    @temirtaragay8932 5 ปีที่แล้ว +1

    For some reason she did not mention about application fee of $186 for filing ( non-refundable) to IRS.

    • @FlyWon
      @FlyWon  5 ปีที่แล้ว +2

      Sharp Katana for some reason?

    • @SkylerRoy82
      @SkylerRoy82 4 ปีที่แล้ว +4

      She did mention it, she said that she got it waived

  • @ssgss_eli
    @ssgss_eli 3 ปีที่แล้ว +1

    I made 14k last year and now I have to pay 2k is there any way I can lower this

  • @paulharrington94
    @paulharrington94 3 ปีที่แล้ว

    So during the time you were waiting were you not paying a monthly or worried about a tax levy?

    • @FlyWon
      @FlyWon  3 ปีที่แล้ว

      No

    • @paulharrington94
      @paulharrington94 3 ปีที่แล้ว +1

      @@FlyWon I just recently got a letter saying I owe $5k an am freaking out haha do I just file the OIC and I don't have to pay until the decision?

  • @FlyWon
    @FlyWon  5 ปีที่แล้ว +8

    Anyone have updates to report?

    • @reejkenf
      @reejkenf 5 ปีที่แล้ว

      Can you file for this once the IRS has filed a lien?

    • @newagestreams4008
      @newagestreams4008 4 ปีที่แล้ว

      I’m in Florida what address do I mail my forms to ? Please help

    • @maryroserioflorido5114
      @maryroserioflorido5114 4 ปีที่แล้ว

      can I ask?

    • @josiebfancy
      @josiebfancy 4 ปีที่แล้ว +5

      Super late response, but I finally filed mines at the end of last year and was able to have my debt reduced to $200.

    • @josiebfancy
      @josiebfancy 4 ปีที่แล้ว

      @@newagestreams4008 hello the address should be on the forms.

  • @jennyprn3933
    @jennyprn3933 7 ปีที่แล้ว +10

    WoW! Very well explained. Thank you for sharing your story. Very helpful. Have an amazing future you deserve it! :)

  • @greasepuffnaps
    @greasepuffnaps 3 ปีที่แล้ว

    are you expected to set up a payment plan during this process or your ok until they finish negotiating your offer

  • @floyddavis3567
    @floyddavis3567 5 ปีที่แล้ว

    How is it a settlement if they hold your tax refund, and apply it towards the years you did not pay? Doesn’t that mean your offer was really not accepted? Or did I misunderstand what you said?

  • @abright1015
    @abright1015 5 ปีที่แล้ว

    Sorry if I missed this, but are you expected to still continue paying (for example, if you're on a payment plan) while you wait to find out if your application was accepted?

    • @abright1015
      @abright1015 5 ปีที่แล้ว

      JOHN JONES thanks!

  • @missarabia1875
    @missarabia1875 4 ปีที่แล้ว +2

    When your paid less than 200 what was the principle amount for that year

    • @julietlloyd3350
      @julietlloyd3350 4 ปีที่แล้ว

      Good and nice views noted.. Well I have a little testimonial to give for those desperately in need for a credit report fix I was also stuck some months back, I applied for a house and a car loan about a couple of months ago and it was rejected because my score was in a low 486 with a couple of negative items (including eviction, collections, bankruptcy, derogatory accounts, Delinquent, hard inquiries and a judgment), I was really devastated and Perplexed. I ran into an old friend, I explained everything to him and he Eventually introduced me to a company @ paragonofficials.com who I contacted on their cell +1 (302) 238-6817) they are capable to hack everything Including PayPal, cash app, bank accounts, credit card payment, bitcoin hack and western union transfer. Just in twenty four hours , he had my credit score raised to 850, wiping out the entire negative items with the addition of some Authorized Users trade lines. I swore to reveal the hacker’s proficiency to the World if he should fix my dead credit score. you can also find him on Instagram {1paragon_hacks). paragonhackers@gmailcom

  • @jchelledafab4164
    @jchelledafab4164 3 ปีที่แล้ว +1

    Im so stress out!! I owe them 14,000 . o have four kids and ain't no way in hell i can afford it.

    • @luiskaponi6777
      @luiskaponi6777 3 ปีที่แล้ว

      Is better than owning 50,000 🙈

    • @eyeambrittney
      @eyeambrittney 2 ปีที่แล้ว

      I just got a statement yesterday saying I owe 14 too, have you gotten any relief or anything

  • @kiab-mylifemyway7647
    @kiab-mylifemyway7647 6 ปีที่แล้ว +7

    Hey I feel like I'm about to come unglued with my tax debt and I need help. Where can I find this booklet from? Do you work with people to assist them with this process? Any information or help I'm grateful

    • @FlyWon
      @FlyWon  6 ปีที่แล้ว +2

      Kia B. Hi, the booklet is on its.gov just google the form numbers. No, i don’t work personally with people.

    • @kiab-mylifemyway7647
      @kiab-mylifemyway7647 6 ปีที่แล้ว +1

      Erica Scott I appreciate you for this information. Thank you so much.

    • @kiab-mylifemyway7647
      @kiab-mylifemyway7647 6 ปีที่แล้ว

      Erica Scott one more thing does this apply to state taxes as well?

    • @ryanb6093
      @ryanb6093 6 ปีที่แล้ว +2

      Hi Kia, you can find the Offer In Compromise here: www.irs.gov/pub/irs-pdf/f656b.pdf

    • @lyndagaston
      @lyndagaston 6 ปีที่แล้ว

      Kia B. ~~Hi Kia. Did you ever fill out the forms?? And can you help me? Thanks!

  • @itspossible3381
    @itspossible3381 2 ปีที่แล้ว

    Thank you for this information, did you have to pay 20% of the offer up front?

    • @FlyWon
      @FlyWon  2 ปีที่แล้ว

      I paid $185

  • @hhhoneycomb
    @hhhoneycomb 2 ปีที่แล้ว +1

    she tells you how!!!

  • @DGimpeccablejaguar
    @DGimpeccablejaguar 6 ปีที่แล้ว

    Erika, do you offer an OIC for EACH year or your total amount for all back taxes?

  • @alexandertaboas1552
    @alexandertaboas1552 3 ปีที่แล้ว

    thanks for taking the time to forward this helpful info

  • @DaRealist-mo2zt
    @DaRealist-mo2zt 6 ปีที่แล้ว

    My question is what if your working and retired from a previous job. Do they factor all that in you offer in compromise

  • @joaquinsuarez6090
    @joaquinsuarez6090 6 ปีที่แล้ว +1

    Thank you for sharing such a helpfull information.
    Question:
    How did you get to be in "uncollectable" status?
    I was told there is another way if you can't offer anything wich is applying for 10 year uncollectable status and if IRS can't collect the money in those 10 years then debt is dismissed. Within those 10 years interests and penalties will add up and will put a lien on your house for 10 years.
    Between this 10 year uncollectable and offer of comprimise which one you think is better?
    Probably if have or can get some money the Offer in Compromise might be better?
    Can you actually start with the 10 year uncollectable and still make an offer of compromise or is one or the other?
    Please advise.

    • @FlyWon
      @FlyWon  6 ปีที่แล้ว +1

      Joaquin Suarez taxpayeradvocate.irs.gov/get-help/currently-not-collectible

    • @joaquinsuarez6090
      @joaquinsuarez6090 6 ปีที่แล้ว

      Erica Scott Great, Gracias!

    • @kingjudah8006
      @kingjudah8006 5 ปีที่แล้ว

      Erica Fly Did they apply a Notice of Tax Lien on you while in Currently Not Collectible? I’m rather worried about that affecting my credit score 😬

  • @rvissues1556
    @rvissues1556 6 ปีที่แล้ว +3

    Hi Erica, I've read through all the IRS requirements and how to fill out the 656, but it doesn't say whether I should submit bank statements or rent receipts with it and stuff like that to prove my low income qualifications...did you submit any of those things? Thank you, your video was EXTREMELY helpful!

    • @FlyWon
      @FlyWon  6 ปีที่แล้ว

      Judith Mendoza over the course of the year i think i submitted everything except my blood type lol keep impeccable records and copies of what is asked and when you submit it

    • @FlyWon
      @FlyWon  6 ปีที่แล้ว

      Judith Mendoza the documents are required on form 433-a page 8 of 8 at the bottom

    • @rvissues1556
      @rvissues1556 6 ปีที่แล้ว

      Erica Scott oooh yes that makes sense, thanks for the advice ,I haven't even looked at those forms, completely skipped over that, Thank you!

    • @artmundozvlog78
      @artmundozvlog78 6 ปีที่แล้ว

      Judith Mendoza ,hi Juditth My Name is Arturo Mendoza maybe you are my family, ha ha ha. anyway I just wanted to ask you if you sent to the IRS you compromise aplication ,I'm in same situation so I wonder if you did and what was the result? I want to do my but I don't know what is best do it for my self or pay attorney, I need a really advice, thank you.

  • @blackbro1854
    @blackbro1854 5 ปีที่แล้ว +3

    Good JOB my sister thanks for sharing.👏🏻👌🏻👍🏻🙏🏻

  • @PRIDECONDITIONING
    @PRIDECONDITIONING 5 ปีที่แล้ว

    Thanks for posting this! Now go get those rolls out the oven!!!

  • @nikki4rom504
    @nikki4rom504 5 ปีที่แล้ว

    i have several questions. do you have to provide proof of the household members?

  • @diamondhanddan8832
    @diamondhanddan8832 2 หลายเดือนก่อน

    I’m trying this now

  • @edenpagani1243
    @edenpagani1243 4 ปีที่แล้ว +6

    Thank you for posting. My client (I am a bookkeeper) owes $100,000 flipping houses. I hope this helps me help him. I'll keep you posted

    • @latraviaclayton2438
      @latraviaclayton2438 4 ปีที่แล้ว

      How did it go for your client?

    • @julietlloyd3350
      @julietlloyd3350 4 ปีที่แล้ว

      Good and nice views noted.. Well I have a little testimonial to give for those desperately in need for a credit report fix I was also stuck some months back, I applied for a house and a car loan about a couple of months ago and it was rejected because my score was in a low 486 with a couple of negative items (including eviction, collections, bankruptcy, derogatory accounts, Delinquent, hard inquiries and a judgment), I was really devastated and Perplexed. I ran into an old friend, I explained everything to him and he Eventually introduced me to a company @ paragonofficials.com who I contacted on their cell +1 (302) 238-6817) they are capable to hack everything Including PayPal, cash app, bank accounts, credit card payment, bitcoin hack and western union transfer. Just in twenty four hours , he had my credit score raised to 850, wiping out the entire negative items with the addition of some Authorized Users trade lines. I swore to reveal the hacker’s proficiency to the World if he should fix my dead credit score. you can also find him on Instagram {1paragon_hacks). paragonhackers@gmailcom

  • @hectorargotte3144
    @hectorargotte3144 3 ปีที่แล้ว

    Can this be done over the phone or its better to do it through the mail?

  • @lostandlooking
    @lostandlooking 3 ปีที่แล้ว

    I have been primarily living in Latin America for 5 years and I live in Mexico now. Yesterday my father said I received a CP2000 stating that I owe 21K. I have been homeless/unemployed (never collected unemployment) since 2019. I have zero assets. I’ve been living out of a backpack for many years.

  • @cooperscreditconsultingint6792
    @cooperscreditconsultingint6792 2 ปีที่แล้ว

    Excellent job! 🙌🏿

  • @justsparkle1063
    @justsparkle1063 7 ปีที่แล้ว

    what happened during the year and 2 month waiting period? Did they stop collections efforts or did you still get Levy's and leans?

    • @FlyWon
      @FlyWon  7 ปีที่แล้ว +3

      Just sparkle i was already in currently not collectible. No collection efforts.

    • @jessicaraga3495
      @jessicaraga3495 4 ปีที่แล้ว

      Erica Fly how long were you on “CNC” before you decided to do the “OIC?”

  • @sharnisekatherine9507
    @sharnisekatherine9507 4 ปีที่แล้ว

    so teasury is collecting my money from a govenerment agency(department of defense) so i never receive my tax refund will this work for me?

  • @marymary560
    @marymary560 5 ปีที่แล้ว +1

    I don’t know where to begin.

  • @scalpdotink8450
    @scalpdotink8450 ปีที่แล้ว

    Thank you for this video!

  • @HeWhoLovesTheWorld316
    @HeWhoLovesTheWorld316 6 ปีที่แล้ว +1

    Can I file my taxes and then file the O.I.C.??

  • @LongIslandRealtor-qr9vk
    @LongIslandRealtor-qr9vk 4 ปีที่แล้ว +1

    Does this effect credit by any chance? I owe like $60,000 trying to pay back as little as possible but worried about it effecting my credit ... another thing is there any penalties or any liens involved ?

    • @JohnJones-hi5hm
      @JohnJones-hi5hm 4 ปีที่แล้ว +2

      Before an OIC application there may be liens and there will be penalties and interest. After an OIC acceptance all penalties, interest and liens will be removed. The OIC allows you to completely start over. The IRS does not report to the credit bureau but does send liens to the county who do report.

    • @julietlloyd3350
      @julietlloyd3350 4 ปีที่แล้ว

      Good and nice views noted.. Well I have a little testimonial to give for those desperately in need for a credit report fix I was also stuck some months back, I applied for a house and a car loan about a couple of months ago and it was rejected because my score was in a low 486 with a couple of negative items (including eviction, collections, bankruptcy, derogatory accounts, Delinquent, hard inquiries and a judgment), I was really devastated and Perplexed. I ran into an old friend, I explained everything to him and he Eventually introduced me to a company @ paragonofficials.com who I contacted on their cell +1 (302) 238-6817) they are capable to hack everything Including PayPal, cash app, bank accounts, credit card payment, bitcoin hack and western union transfer. Just in twenty four hours , he had my credit score raised to 850, wiping out the entire negative items with the addition of some Authorized Users trade lines. I swore to reveal the hacker’s proficiency to the World if he should fix my dead credit score. you can also find him on Instagram {1paragon_hacks). paragonhackers@gmailcom

  • @kcmthedesigner
    @kcmthedesigner 6 ปีที่แล้ว +2

    Hi Erica! In the Self-Employed Section, what do I include if I am an Independent Contractor without an EIN number who uses a SSN number instead?

    • @FlyWon
      @FlyWon  6 ปีที่แล้ว

      Kristan McArthur that didnt apply to me. Id imagine youd use your ssn. There appears to be detailed instructions for that in the packet. If you use your ssn then arent you a sole proprietor?

    • @kcmthedesigner
      @kcmthedesigner 6 ปีที่แล้ว +2

      I found out that I would need to place N/A in the EIN section. Yes you are correct that I would be classified as a sole proprietor. Thanks!

  • @godshelter211
    @godshelter211 4 ปีที่แล้ว

    Thank you sister, idk how I stumbled across this video but I'm glad I did. Thank you for the knowledge

    • @julietlloyd3350
      @julietlloyd3350 4 ปีที่แล้ว

      Good and nice views noted.. Well I have a little testimonial to give for those desperately in need for a credit report fix I was also stuck some months back, I applied for a house and a car loan about a couple of months ago and it was rejected because my score was in a low 486 with a couple of negative items (including eviction, collections, bankruptcy, derogatory accounts, Delinquent, hard inquiries and a judgment), I was really devastated and Perplexed. I ran into an old friend, I explained everything to him and he Eventually introduced me to a company @ paragonofficials.com who I contacted on their cell +1 (302) 238-6817) they are capable to hack everything Including PayPal, cash app, bank accounts, credit card payment, bitcoin hack and western union transfer. Just in twenty four hours , he had my credit score raised to 850, wiping out the entire negative items with the addition of some Authorized Users trade lines. I swore to reveal the hacker’s proficiency to the World if he should fix my dead credit score. you can also find him on Instagram {1paragon_hacks). paragonhackers@gmailcom

  • @ThePeterDislikeShow
    @ThePeterDislikeShow 4 ปีที่แล้ว

    They let your W4 be so off for so long without forcing you to change it?

    • @julietlloyd3350
      @julietlloyd3350 4 ปีที่แล้ว

      Good and nice views noted.. Well I have a little testimonial to give for those desperately in need for a credit report fix I was also stuck some months back, I applied for a house and a car loan about a couple of months ago and it was rejected because my score was in a low 486 with a couple of negative items (including eviction, collections, bankruptcy, derogatory accounts, Delinquent, hard inquiries and a judgment), I was really devastated and Perplexed. I ran into an old friend, I explained everything to him and he Eventually introduced me to a company @ paragonofficials.com who I contacted on their cell +1 (302) 238-6817) they are capable to hack everything Including PayPal, cash app, bank accounts, credit card payment, bitcoin hack and western union transfer. Just in twenty four hours , he had my credit score raised to 850, wiping out the entire negative items with the addition of some Authorized Users trade lines. I swore to reveal the hacker’s proficiency to the World if he should fix my dead credit score. you can also find him on Instagram {1paragon_hacks). paragonhackers@gmailcom

  • @jamesphillips1175
    @jamesphillips1175 3 ปีที่แล้ว

    But isn't it against the law for government to say you owe tax dollars since there really no law that says you have to pay them.

    • @credit_report_cloud
      @credit_report_cloud 3 ปีที่แล้ว

      Not really..

    • @credit_report_cloud
      @credit_report_cloud 3 ปีที่แล้ว

      There’s a way you can always not pay them back if you owe them and it’s not against the law

    • @jamesphillips1175
      @jamesphillips1175 3 ปีที่แล้ว

      I never owe any taxes but I would rather my tax dollars not go to corrupt government

  • @DALLASONETV
    @DALLASONETV 5 ปีที่แล้ว +2

    Great Informative video thank you so much

  • @mommyguru7300
    @mommyguru7300 4 ปีที่แล้ว

    Not sure if you can help out. I owe 30k in California but have moved and no longer have my business. My income 1/3 of what I had before and I have no idea what to do now.

    • @julietlloyd3350
      @julietlloyd3350 4 ปีที่แล้ว

      Good and nice views noted.. Well I have a little testimonial to give for those desperately in need for a credit report fix I was also stuck some months back, I applied for a house and a car loan about a couple of months ago and it was rejected because my score was in a low 486 with a couple of negative items (including eviction, collections, bankruptcy, derogatory accounts, Delinquent, hard inquiries and a judgment), I was really devastated and Perplexed. I ran into an old friend, I explained everything to him and he Eventually introduced me to a company @ paragonofficials.com who I contacted on their cell +1 (302) 238-6817) they are capable to hack everything Including PayPal, cash app, bank accounts, credit card payment, bitcoin hack and western union transfer. Just in twenty four hours , he had my credit score raised to 850, wiping out the entire negative items with the addition of some Authorized Users trade lines. I swore to reveal the hacker’s proficiency to the World if he should fix my dead credit score. you can also find him on Instagram {1paragon_hacks). paragonhackers@gmailcom

  • @ransomemckissick8184
    @ransomemckissick8184 3 ปีที่แล้ว +1

    Can you submit one OIC for multiple tax years?

    • @jewels7139
      @jewels7139 3 ปีที่แล้ว

      From what I just saw in the video Erica’s tax bill was for multiple years , she mentioned 2010, 2014, 2017, when showing her tax bills. If you didn’t catch it, it was towards the end of the video.

  • @oeun907
    @oeun907 7 หลายเดือนก่อน

    Does this help with owed unemployment?

  • @purplespiritzone
    @purplespiritzone 3 ปีที่แล้ว

    Thanks a million for your excellent video.

  • @JayS64
    @JayS64 5 ปีที่แล้ว +1

    Thanks for the info and inspiration. Gd job.

  • @batyam3039
    @batyam3039 3 ปีที่แล้ว +1

    thanks so much for the video :)

  • @robynm.7950
    @robynm.7950 3 ปีที่แล้ว

    How much do you think I settle for with a tax debt of $10,500. At least 3,000 of the debt is penalties and interest. Please help, I am sooo stressed 😩🤢

    • @FlyWon
      @FlyWon  3 ปีที่แล้ว

      🤷🏾‍♀️

    • @FlyWon
      @FlyWon  3 ปีที่แล้ว +1

      I made a whole video to help...

    • @robynm.7950
      @robynm.7950 3 ปีที่แล้ว

      I know, I’m just really anxious and I came across your video. Is settling for half the balance too much?

    • @jewels7139
      @jewels7139 3 ปีที่แล้ว

      @@robynm.7950 In the video Ms Erica mentions Publications /Forms 433-A and 656. I would start with those and use the IRS National Standards that were mentioned to fill out the worksheet to see what your OIC should be. I would re-listen to the video for more information

  • @aliciabentley199
    @aliciabentley199 6 ปีที่แล้ว

    Did you have to make payments until you received your offer?

    • @FlyWon
      @FlyWon  6 ปีที่แล้ว

      Alicia Bentley no... i was already under currently not collectible

    • @aliciabentley199
      @aliciabentley199 6 ปีที่แล้ว

      I’m in the process of doing one but I have a lot of questions. Can I give you my email?

    • @FlyWon
      @FlyWon  6 ปีที่แล้ว

      They can all be answered with the resources i provided

  • @BlowPopKittyCat
    @BlowPopKittyCat 6 ปีที่แล้ว

    How many years will they take your tax return if you get money back??

  • @Miss_Cherry
    @Miss_Cherry 7 หลายเดือนก่อน +1

    Thank you sista, very valuable advice. Thanks for sharing. I currently owe over $9,000 and I'm currently feeaking out. But I'm going to follow your advice and will revise this when i get my acceptance!