Replies to post #190692 on On4 Communications Inc (ONCI)

[Havenstein]

A default automated response. Means nothing.

[ApollyonZ]

Onci! ..An offer in compromise allows you to settle your tax debt for less than the full amount you ..or 433-B (OIC) (businesses)..business tax debt (Corporation/ LLC/ Partnership)..

https://www.irs.gov/payments/offer-in-compromise

..The IRS will accept your OIC only if you convince it that:
-there is doubt as to the amount of your tax liability (unusual), or due to exceptional circumstances, payment in full would cause an "economic hardship" or be "unfair" or "inequitable”--

https://www.nolo.com/legal-encyclopedia/can-you-really-settle-your-tax-debt-the-irs-pennies-the-dollar.html

Ceo-Mr.Bailey (still our CFO) may settle taxes, circumstances have been meet.

Gltu