Offer in Compromise
An offer in compromise is a binding agreement with the IRS that allows you to settle your tax debt for less than the full amount you owe. It may be a legitimate option if you can’t pay your full tax liability or doing so creates a financial hardship. The IRS considers your unique set of facts and circumstances such as your:
- Ability to pay
- Equity in your assets
The IRS generally approves an offer in compromise when the amount offered represents the most they can expect to collect within a reasonable period of time. We have submitted hundreds of Offers in Compromise for our clients, with a very high acceptance rate. If you qualify, we can get your tax debt settled for much less than you actually owe the IRS. Call us today and speak to an experienced, licensed Offer in Compromise expert who can represent you in this matter with the IRS, (832) 507-6124.