This document summarizes tax resolution services provided by Daymond M. Milam and his company Solutions. It discusses the causes of tax issues like failure to file or pay taxes on time. It describes the effects of non-payment of taxes like asset seizure. It then explains offer-in-compromise as a way to settle tax liabilities for less. It outlines the types of OIC and payment options. Finally, it promotes Solutions tax services and lists the types of clients they work with.

1. Dream It Tonight…. Achieve It Tomorrow!!! TAX RESOLUTION …. Cause…Effect…. Cure…. Presented by Daymond M. Milam, MBA Accountant / Consultant www.1bettersolution.com

2. Two Things Are Inevitable Death and Taxes – George Washington, First United States President

3. Types of Taxes Income Taxes

4. Payroll Taxes

5. Estate Taxes

6. State & Local Government Taxes

7. Cause…. Effect…. Cure…. Why Does One Need Tax Resolution? What Can be Done? Who Can Do It?

8. Somewhere You FAILED Failure to File

9. Failure to Submit Timely Payment

10. Failure to File Correct Return

11. Failure to Retain Adequate Records

12. Failure to Listen

13. What Are The Effects of Non Payment of Taxes Loss of Personal Assets

14. Loss of Business Assets

15. Levies and Wage Garnishments

16. Cash Receivership ( aka Blocked Bank Account)

17. Offer In Compromise An (OIC) is an agreement between a taxpayer and the Internal Revenue Service that settles the taxpayer’s tax liabilities for less than the full amount owed. Absent special circumstances, an offer will not be accepted if the IRS believes that the liability can be paid in full as a lump sum or through a payment agreement .

18. Three Types of OICs Doubt as to Collectability Doubt as to Liability Effective Tax Administration

19. Doubt as to Collectability Doubt exists that the taxpayer could ever pay the full amount of tax liability owed within the remainder of the statutory period for collection

20. Doubt as to Liability A legitimate doubt exists that the assessed tax liability is correct. Possible reasons to submit a doubt as to liability offer include: (1) the examiner made a mistake interpreting the law, (2) the examiner failed to consider the taxpayer’s evidence or (3) the taxpayer has new evidence.