IRS Offer in Compromise
An IRS Offer in Compromise is a legal agreement between a taxpayer and the IRS that settles a tax debt for less than the full amount owed. The IRS will accept one if they believe the offer is the most they can collect from the taxpayer within a reasonable period. Find out more below
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Settling Your Tax Debt for Less than You Owe
Are you struggling to pay off your tax debt to the IRS? Do you feel like you’re drowning in tax-related issues you don’t know how to solve? Don’t worry, and you’re not alone. Many people across the United States find themselves in similar situations, which can be overwhelming.
At Allies Tax Relief, we understand how stressful dealing with the IRS and tax debt can be. That’s why we offer an essential service called an IRS Offer in Compromise. This service can help you settle your tax debt for less than what you owe, giving you the relief you need to move forward and start fresh.
The IRS considers several factors when deciding whether to accept an Offer in Compromise, such as the taxpayer’s income, expenses, and assets. At Allies Tax Relief, we have a team of experienced tax professionals who can help you determine your eligibility and assist you in preparing and submitting your offer to the IRS.
The Benefits of an Offer in Compromise
Our team of tax professionals has extensive knowledge and experience in dealing with the IRS and tax-related issues. We understand the complexities of tax laws and regulations, and we know how to navigate the IRS’s bureaucracy to get the best possible outcome for our clients.
We believe in offering personalized service to each of our clients. We work closely with you to understand your unique situation and develop a customized strategy that meets your needs. Our goal is to provide you with the highest quality service and achieve the best possible outcome for your case.
There are several benefits of an IRS Offer in Compromise, including:
- Reduced Tax Debt – An OIC can help you settle your tax debt for less than what you owe. This can help you save money and relieve the stress of a large tax debt.
- Avoid Collection Actions – Once you submit an OIC, the IRS must stop collection actions against you. This means they cannot garnish your wages, levy your bank accounts, or seize your property.
- Fresh Start – An OIC can help you get a fresh start by eliminating your tax debt and allowing you to move forward with your life.
Our Three Step Tax Resolution Process
Our Tax Consultants will work with you to figure out the most effective strategy to remedy your tax problems. Then they create a plan for the research team to investigate.
With plan in hand, our research team investigates all the tax issues discussed in step one. Once finished, the research and recommendations are passed to the Resolution Team.
Now the negotiations begin. With knowledge and experience on our side, our negotiators work to get you the best possible resolution from the IRS or State Tax Commission.
Ready for our help?
Reach out to us, and we will get going on your case right away.