Offer In Compromise
The Offer In Compromise is an IRS program that allows the taxpayer to settle their IRS tax debt for less than the actual amount they owe to the IRS. It requires a disclosure of extensive financial information in order to prove to the IRS that they would not be able to collect the full amount of back taxes.
If a taxpayer qualifies for the Offer In Compromise, they could conceivably settle their tax debt for pennies on the dollar. Not everyone is eligible to settle their tax debt so extremely, but contact us now for a free consultation to determine if you qualify to save potentially thousands of dollars on your tax debt.