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. Qualification is not easy and it requires an experienced hand to make the most favorable presentation. You will hear of other tax consultants who promise returns, take your $5,000, fill out the forms--and then you get your rejection letter from the IRS. We let our clients know right away if their application can succeed. We don't like to be "run around" and we suspect that our clients appreciation our honest opinion.
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).
It is possible to 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."
We can guide you toward that end.
