IRS Offer In Compromise Questions:

When Can You Do An Offer In Compromise Alone?
When Should You Consider An Offer In Compromise?
Who Can File An Offer In Compromise?
What Is the Probability That The IRS Will Accept An Offer In Compromise?
When Can Penalties Be Compromised With An OIC?
When Can You File An OIC After Bankruptcy?
Will A Criminal Conviction Affect My OIC?

 

 

 

 

 

 

 

When Can You Do An Offer In Compromise Alone?

Never do an offer in compromise without skilled representatives. The IRS appears to have a process that does not favor anyone who cannot respond quickly and produce documents fast. The IRS will dismiss your OIC if you are even 1 day late in getting them requested information. Hire us so that you fulfill all administrative requirements while you get quick feelings of peace and calm as you regain control over your own life and the IRS or state tax authorities. With Tax Resolution Center involved, you can concentrate on your own life, your family's well being, and your work and recreational priorities. For immediate protection and representation. Contact Us Now<<<<Back to the top

When Should You Consider An Offer In Compromise?

It is pretty easy to determine when you cannot pay your taxes. If the IRS is contacting you and you cannot pay your monthly bills or you cannot sell your home or assets or borrow against them, then you should consider an Offer in Compromise.
We also advise you to consider an Offer in Compromise when you have children. Our reason for that advice is your responsibility to your children is so great that you cannot deprive them of their childhood just because you have an unresolved tax problem. So that you may regain peace of mind and fulfill your primary responsibilities to your family, contact us now. <<<<Back to the top

Who Can File An Offer In Compromise?

Any person, individually or as a married couple, may file for an Offer in Compromise. Any business, to include a sole proprietor, a partnership even if a limited partnership, a corporation and any limited liability company may file for an Offer in Compromise. To learn the advantages of filing an Offer in Compromise either individually or as a business click to contact us. Contact Us Now<<<<Back to the top

What Is the Probability That The IRS Will Accept An Offer In Compromise?

If you try to do an Offer in Compromise alone the prospects for success are pretty dismal. However, with representation and with your cooperation you have an excellent chance of getting a fair offer in compromise approved if you have limited assets or if your assets are encumbered and don't have extra cash each month after you pay normal family bills. To gain the advantages of filing an Offer in Compromise with our proven process click to contact us. Contact Us Now<<<<Back to the top

When Can Penalties Be Compromised With An OIC?

Unlike taxes, penalties are soft assessments. We have proven processes for getting rid of penalties often without going through the Offer in Compromise process. We quickly talk with you to determine the reasons why the penalties were assessed. When there is a reasonable reason for your actions which led to the assessment of the penalty we may seek an abatement of the penalty. When penalties are not a significant part of the total assessment, the Offer in Compromise still presents the best overall process for totally resolving your tax obligation. <<<<Back to the top

When Can You File An OIC After Bankruptcy?

If you have been discharged in bankruptcy then you probably now know that not all taxes are discharged through bankruptcy.

If you were a business or individual non-filer and the IRS filed a Commissioner Filed Return (CFR) then the CFR return assessment is not discharged in a bankruptcy.

Individual taxes for a previous calendar year, with extensions for that year to October 15 that are less than 3 years old which were reported to the IRS more than 2 years from the date upon which the bankruptcy petition was filed will not, normally, be discharged.

The good news is that you may file an OIC to compromise taxes not discharged in bankruptcy. Click to contact us to determine whether you may benefit from an Offer in Compromise after your discharge in bankruptcy. Contact Us Now<<<<Back to the top

Will A Criminal Conviction Affect My OIC?

Individual states take a more lenient or understanding approach to some form of reduction of assessments or lenient payment options when there is also evidence of a criminal conviction.

Our experience is that the IRS is, more and more, examining the person's record of compliance under the IRS tax code.

We also believe that the IRS will look, on public policy grounds, to determine whether the criminal misconduct is continuing.

We also know that the nature of the crime and how closely it is related to a taxpayer's duties and responsibilities under the IRS code influences the decision concerning the acceptance of an Offer in Compromise submitted by any person with a criminal conviction. For a more detailed explanation of the IRS approach to the OIC process when there is a criminal conviction click to contact us. Contact Us Now<<<<Back to the top

Tax Resolution Center
info@irsresolve.com
Telephone: 1-877-993-2829 (1-877-9webtax)