IRS Offer in Compromise
Tired of firms that promise to settle your taxes for Pennies on the Dollar? I can help.
An Offer in Compromise is a legal settlement option provided by the IRS to reduce the total amount of taxes owed. By filing an Offer in Compromize (OIC) and having it approved with the IRS, you can legally reduce the amount of back taxes owed.
Filing an OIC and dealing directly with the IRS is not for the faint of heart however. The IRS accepts about 25% of all submitted Offers in Compromise, and if you do it incorrectly you will end up spending a lot of time and resources for nothing, and will still owe the full amount of taxes with interest accruing daily. The cost to file an OIC is very low, but the paperwork, documents, statements and followup with the Internal Revenue Service can be burdensome.
We can help determine if an OIC is a good solution for your specific tax case and can tell you if we would recommend this IRS settlement option for you.
My 18 years of experience and small experienced staff are expert at winning the most favorable settlement possible from the IRS.
The IRS' Offer in Compromise program allows taxpayers to settle their tax debt
- It settles your tax liability for less than the full amount owed.
- It is possible to pay "Pennies on the Dollar Owed" in taxes (don't fall victim to vacant promises, make sure your case facts are properly reviewed).
- If it is done correctly - this option could save you an enormous amount of money, and is the best strategy for most taxpayers.
- In order to properly submit an Offer in Compromise we must first complete several special IRS forms.
You must be very careful
- You should hire a professional tax attorney with knowledge of the IRS' procedures.
- Why? Because the key is to determine the least amount that the IRS will accept from you.
- Let a tax professional prepare the documents for you - quickly and affordably.
- If your Offer is not submitted correctly it will be rejected, or you may be required to pay more than is necessary.
An Offer in Compromise may save you a LARGE amount of money
- An Offer in Compromise can be a great option.
- Take advantage of this opportunity to get back your peace of mind.
View settlements obtained by Jeff Fouts Law Office.
Why not get the IRS off your back today, and get a "fresh start" on tomorrow.
Contact our law office for a no obligation consultation to see if you qualify for this special IRS tax reduction program.
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