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Offer In Compromise

Did you know that you may be able to settle your debt with the IRS or state tax agency with their Offer in Compromise programs? These programs allow taxpayers to settle with the IRS or state tax agency on tax debt that has been incorrectly assessed or for liabilities they cannot afford to pay.

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).

The key is to determine the least amount that the IRS or state will accept from you before you make the offer.

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

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