Software By Bay Announces 'Offer in Compromise' Tax Software -
Including New Form 656-A - Required as of November 1, 2003
PARSIPPANY, NJ, November 14, 2003 -- Software By Bay (www.softwarebybay.com) announced today a new easy-to-use tax software solution, "Offer in Compromise v2.52," which simplifies the preparing and submission of an Offer in Compromise to the Internal Revenue Service. 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.
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' 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 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.
Pressing the Help Button will bring up the appropriate IRS collection manual section.
"Offer in Compromise" is only $199.00 plus S/H and available from Software By Bay.
Software By Bay, 99 Cherry Hill Road, Suite 300, Parsippany, New Jersey 07054
