Albuquerque Journal (Albuquerque, NM)

IRS Program Lets Taxpayers Reduce Debt.(Metro & New Mexico)

Byline: Journal Staff Report

Today's Law School

* Attorney/CPA to explain changes during monthly legal seminar

Changes to a longstanding Internal Revenue Service program make it possible for eligible taxpayers to pay what they can on outstanding tax debt and have the rest erased.

The Offer in Compromise program is a contractual procedure that allows taxpayers to reduce their debt to the IRS. Changes to the program make its benefits more accessible and easier to obtain.

Attorney and certified public accountant Matthew E. Cohen will be the guest speaker today at Today's Law School, a series of monthly seminars on legal topics. …

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