NEWS RELEASE
With Offer in Compromise you can spend your time on your client's tax problems, not on IRS paperwork.
Offer in Compromise Software – Including new Form 656-A - As required as of November 1, 2003
Parsippany - New Jersey - USA - The nightmare of negotiating a settlement with the IRS has just become a little less frightening. Now, preparing and submitting the forms required in settling a tax debt with Offer in Compromise can be accomplished in a minimum of time.
Easy to use Tax Software, Offer in Compromise v2.52 simplifies the preparing and submission of an Offer in Compromise to the Internal Revenue Service. It is organized to save the enrolled agent’s time and potentially save your client money. The enrolled agent will spend his/her time on the client's real problems, not on IRS paperwork.
Offer in Compromise is a new interactive software developed by the Tax Institute, Inc., and available from Software By Bay, allows you to simply input the data, and then update it as often as often as necessary during the lengthy negotiation process.
Of the many tax software programs on the market today, only Offer in Compromise combines the fill-in-the-form practically with features derived from over 35 years of tax practice by former IRS agents. Unlike any other tax software, Offer in Compromise offers:
- A help button for each line of each form. The Help button links you to the IRS instructions or manual sections relating to that particular line. Merely click on the button for Section V, Line 36 (Housing and Utilities) and it provides a complete listing of every county in the USA and what the IRS is allowing for that county.
- Contains the latest National, Housing and Transportations Standards
- Calculates the minimum offer amount using the IRS’s own methodology
- Practitioner Comments give advice and insights based on real world experience.
- Internal Revenue Manual Sections (dealing with Offer in Compromise) and instructions.
- Database containing complete information for all clients.
- Computer generated Form 433-A (Collection Information Statement for Wage Earners and Self-Employed Individuals), 433-B (Collection Information Statement for Businesses), Form 433F (Collection Information Statement), Form 656 (Offer in Compromise) and Form 2848 (Power of Attorney), Form 656-A (Income Certification for Offer in Compromise Application Fee)
Offer in Compromise provides the Enrolled Agent with the same instructions the revenue officer must follow during the process, so that the preparer will know what the officer's manual instructs him to do. Hitting the Help Button will bring up the appropriate IRS collection manual section.
The IRS manual is the bedrock on which the Revenue Officer must proceed in a particular situation. In addition, Offer in Compromise provides Practitioner Comments based on over 35 years of dealing with the IRS. No longer will you have to spend hours researching several different publications--it's all there at your fingertips!
Offer in Compromise is just not a fill in the form program, but is interactive, containing relevant IRS manual sections, instructions and professional advice by former IRS agents.
Whether you submit an Offer in Compromise or only the Collection Information Statement, you won't spend unnecessary time locating the proper forms, nor will it be necessary to prepare a whole new form manually because of one or two changes.
You will (profitably) spend your time on the client's real problems, not on IRS paperwork.
Offer in Compromise is only $199.00 plus $10.00 S/H and available from Software By Bay.
For more information, please visit the company's website at http://www.softwarebybay.com
• Software By Bay LLC • 256
Central Avenue • West Caldwell, New Jersey 07006
Contact : Joel Hudesman - email: Joel@oictaxpro.com • 973.226.6646
• Fax: 973.226.0805 •
About Software By Bay:
About Us
Software By Bay is the trademark of John Bay & Associates, LLC, a company of seasoned veterans in the Information Technology field providing clients with logical solutions through specially designed software application products. With average service of 25 years founding and managing businesses in software development for public safety, computer security, and wireless data access, the company's experienced team delivers to the client a high degree of value and safety from a boutique of technology applications that provide security awareness and protection, ease of access to disparate information and business intelligence, as well as data search, archiving, and retrieval solutions.
The company partners with Secure Enterprise Solutions, the developer of widely-recognized, trusted, end-to-end Security Solutions, including Security Training and Education, and i-Concepts Inc. two gifted companies with extensive expertise in the development and support of software products designed to enhance and facilitate the end user experience
Offer in Compromise™ is a software program that calculates IRS repayment plan offers for delinquent taxpayers. The program presents, in an easy-to-use, self-explanatory package, all the forms, tables, procedures and policies necessary to prepare an Offer in Compromise for the IRS.
