California FTB Offer In Compromise - Tax Attorney Explains Who Qualifies and How It Works
2 years ago
3
Our tax attorney Robert goes through Offer In Compromise for the California Franchise Tax Board. Put simply, it's harder to get than the IRS, but it can be one.
Some factors the FTB considers:
1) Age - If you are young, your odds are not good. If you are in your late 50s or older, your odds are much better.
2) Income/Expenses - Are your expenses reasonable and are you barely making it? Odds are better.
3) Assets - Got more assets than the tax debt total? Odds not so good.
See our FTB Offer Guide here:
See our complete tax relief help guide here:
If you are looking for someone else to take over your case, schedule a consultation with one of our expert tax attorneys here:
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