IRS Offer in Compromise

An offer in compromise means a settlement is reached between a taxpayer and the IRS resulting in the IRS accepting less than the full debt amount. Give us a call and we will explain your IRS tax settlement options to you so you can make an informed decision on how to resolve your tax issues.

An offer in compromise not easily obtained. It is typically not granted if the IRS believes the tax liability can be paid either in a lump sum or through periodic payments such as installment plans. For advice on an offer in compromise settlement, or to see if you qualify for an IRS tax offer in compromise, call our team of tax relief professionals today.

In truth, not many people qualify for an IRS offer in compromise settlement. The IRS has strict rules governing eligibility for an offer in compromise. To determine eligibility, we may have you fill out a short questionnaire to assess your particular situation. After a preliminary conversation with you about your specific tax issues we will determine if you qualify for an offer in compromise settlement. Even if our analysis of your particular situation shows you don’t qualify for IRS offer in compromise help, we can negotiate a payment plan with the IRS.

Eligibility for an offer in compromise will depend in part on your total tax liability. To determine your tax liability, an investigation of your case will be performed using your IRS file. A complete record of all IRS documents and notices can be obtained through the Freedom of Information Act. The next step in providing IRS offer in compromise help is for tax resolution experts to prepare and file back tax returns on your behalf. If you have missed filing a tax return in the past, the IRS may have determined your tax liability for that year themselves. If this is the case, then no credits or deductions were used in their calculations. Our tax relief experts will work to find missed deductions or credits in prior years and bring you into compliance with the IRS. Neither an offer in compromise nor any sort of payment plan is available as an option until you are in complete compliance with the IRS.

Once you are in compliance, we will prepare the necessary forms and documentation required for either an IRS tax offer in compromise or a payment plan. We will then submit them directly to the IRS. We do not recommend negotiating either an offer in compromise or a payment plan yourself. IRS agents are well trained on offer in compromise rules and regulations. They can often obtain information from you that you are not required to give them. If you are not properly prepared, you may not be found eligible for an offer in compromise. Why not let our experienced team of Attorneys, CPAs, and IRS Enrolled Agents negotiate your offer in compromise instead?

If you are looking for IRS offer in compromise help or just need some more information on an IRS tax offer in compromise, contact our team of tax professionals today. We will work hard to advise and assist you with an offer in compromise.