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OIC EIDL Offer in compromise on a small EIDL (under 25K) loan?
Offer in Compromise (OIC) on a small COVID EIDL $24,100) loan? Question? Has anyone here gotten an Offer in Compromise (OIC) on a COVID EIDL around $24,100? I’m current on payments. My home based business sole proprietorship brings in under $10k year gross and I’m probably going to shut it down and get a regular job. Business assets are worth maybe $500. I’m just trying to find out if SBA would consider a reduced settlement or loan forgiveness on a loan like mine. This is a v
Mar 23 min read
TaxRally Blog
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