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Offer In Compromise

If you owe back taxes to the IRS, you may be able to settle your debt for pennies on the dollar. The Offer in Compromise program allows taxpayers to settle IRS tax debt that has been incorrectly assessed or for liabilities they are unable to afford. 

The IRS Code states: "We will accept an Offer in Compromise when it is unlikely that we can collect the full amount owed and the amount you offer reasonably reflects the collection potential..." (Internal Revenue Code section 7122).

With this program, it may be possible to eliminate your tax debt - including interest and penalties - at an enormous discount. There is no minimum that the IRS will accept in settling with you, especially if your offer is presented correctly.

The key to settling for less than what you owe is to determine the least amount the IRS will accept. Our tax specialists will work with you to determine this amount before you make your offer. You may be able to settle for 5-15% of what you currently owe.

Get a free consultation on the solutions to your tax problems by completing the form on the bottom of this page.

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