3 Creative Gift Wrap Alternatives
who attempt to file for an OIC on their own often put themselves at risk of not qualifying for a settlement, or they end up paying more than they have to. There are three general conditions under which the IRS will accept a compromise. Doubt of Liability If there is genuine reason to dispute the existence or amount of taxes you owe, the IRS can compromise to the corrected amount. This defends taxpayers from errors made in the tax filing process. Doubt of Collectability If your tax bill is proven to exceed the value of your combined assets and incomes, the IRS can compromise to an amount that is actually collectable. If you owe more in back taxes than you make and own, this is your chance for relief. Old Maps and Calendars These days, pretty much every phone has a built-in GPS, so you probably won’t need the map from your 1999 road trip anytime soon. If you still have an old map, why not use that for wrapping? The unusual designs guarantee your gifts will be one of a kind. And don’t worry if there are notes scrawled across the paper. Old events or directions will add some unique flair to the presents. Furoshiki Fabric is an excellent substitute for wrapping paper. You can use a scarf to create two gifts in one or pull out scraps of fabric from old projects. The traditional Japanese practice of furoshiki is all about wrapping goods in fabric. Described as “functional fabric origami,” you’d be amazed at how a few well- placed folds can turn your gift into a work of art. Learn how to wrap anything, from boxes to bottles, at ceas.ku.edu/furoshiki- instructional-videos.
There’s something magical about seeing a stack of presents wrapped in bright, multicolored paper. However, that enchanting scene quickly evaporates a few hours later when all those wads of wrapping paper and plastic bows are chucked unceremoniously into the garbage. What if we told you there are countless ways you can still enjoy wrapping and unwrapping presents, without all the waste? Here are a few creative gift wrap alternatives to consider this holiday season. Brown Paper Bags With the holiday season comes holiday shopping, and if you opt out of plastic grocery bags, you’re sure to have a surplus of brown paper bags in the pantry. Drop a present into the bag, tape it shut, and you’re good to go. Add some simple lace or a ribbon for an old-timey feel or get creative with stamps and hand-drawn artwork. This wrap job lets your imagination run wild.
You don’t have to follow the same gift wrap habits year after year. After the effort you put into finding just the right present, you should be able to make your gift wrap just as special. Find a method that’s uniquely you and get started!
What You Need to Know The Offers in Compromise Program
Effective Tax Administration This last consideration exists for those who can pay their legally owed tax debt, but who would be put into economic hardship by doing so. If any of these circumstances apply to you, it is worth considering an OIC. The process is formal and prolonged. After filling out IRS Form 656 and paying the $186 fee, the IRS will follow up with requests for what NOLO. com calls “rafts of financial documentation.” There are plenty of people looking to magically get out of their tax debt. You need to have enough organized evidence to prove your claim is legitimate.
The IRS accepts less than half of the OIC applications they receive. Expert consultation can help make sure your case is strongly documented. If you are considering filing for an OIC, come talk to us at Golden Tax Relief. 32850 US-43 B THOMASVILLE, AL 36784
If you can’t afford to pay your taxes in full, the Offer in Compromise program provides taxpayers the opportunity to pay a small amount as a full and final payment. Taxpayers
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