Offer in compromise

The Offer in Compromise is the government’s “Let’s Make A Deal” program that allows you to pay an amount you can afford to satisfy your entire tax liability, and it even includes the penalties and interest. Yes, the amount you pay is based on what you can afford, not the amount you owe! The program allows an eligible taxpayer to pay what they can afford to pay regardless of the amount they owe.

The Offer in Compromise is the essence of fresh start; once an offer is accepted and paid the taxpayer is then current with all their tax liabilities. We are able to determine your eligibility for the Offer in Compromise program and advise you on how to become qualified when appropriate.

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 §7122).