Offer In Compromise

Did you know that you can settle your debt with the IRS for just pennies on the dollar with their Offer in Compromise program? The program allows taxpayers to settle with the IRS 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).

Often it is possible to fully and completely eliminate the taxes you owe - including all penalties and interest - at an enormous discount. There is no preset bottom limit that the IRS will accept to settle your debt especially if your offer is done "right."

If done correctly and you qualify, your debt may be settled for only 5-15% of what you presently owe. The key is for us to determine the least amount that the IRS will accept from you before the Offer is made.

Studies show about 90% of taxpayer self-prepared Offers are rejected. After rejection, IRS Collections will use the your Offer forms as a roadmap to all your assets and income.

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

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© Marilyn M Disbrow CPA 2021, 88 Riberia St - Ste 400, St. Augustine, FL 32084
T: 904-351-0195 Free Case Review F: 904-814-8415 E: M.Disbrow@DisbrowCPA.com

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