Offer in Compromise
The IRS announced a significant easing of the Offer in Compromise settlement requirements for the individuals and businesses who cannot pay their tax debt in full. If you cannot pay your tax debt and would like to ease your payments, contact us to see whether you qualify.
In your special free 15 minute consultation, we will gather information to assess your eligibility and make rough calculation of our estimate of the amount needed to settle your tax debt with IRS. This free consultation will help you know if you qualify for a compromise settlement or have a reasonable basis to proceed further without obligation. Upon an engagement, we will provide full evaluation of your financial situation, obtain a copy of your IRS records, prepare your applications based on the information that you furnish. Also, we will represent you to negotiate with the IRS.
Offer in Compromise is a lengthy and time-consuming process, and the odds of succeeding are slim. Our representation will ensure that all the letters and phone calls from IRS are handled quickly and professionally. In addition, we will help you create a backup strategy for handling IRS rejection.