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).
We’re Buffalo’s Offer in Compromise Experts!
It is possible to eliminate all the taxes you owe – including all penalties and interest – at an enormous discount. There is no minimum that the IRS may accept to settle your debt especially if your offer is done “right.” If you qualify, your debt will be settled for a fraction of what you owe. Planning is often the key to qualifying and securing the lowest Offer the IRS will accept. As Certified Tax Resolution Specialists, we are uniquely qualified to assist you in preparing an acceptable offer.
If you have a tax problem and need our help call us today at (716) 631-5111.
Once you become our client you won’t have to speak to the IRS anymore.
If they want information or to talk to you they will have to go through us. The first step to getting tax problem help is calling us at (716) 631-5111 and scheduling a one hour no obligation case evaluation with one of our Certified Tax Resolution Specialists. During this meeting we will discuss the details of the case and make plans to start the investigation. During the investigation phase of your case we will be gathering information, pulling transcripts, and finding out what the IRS knows about you. Once all the details are in place we will set up another meeting to go over your resolution options.
Trying to figure out how to end a tax problem on your own probably feels overwhelming, and that’s why you’re entitled to representation. Take advantage of it! Believe it or not an experienced taxpayer representative often knows more about the IRS programs and rules than a lot of IRS agents!
Let us help you get back on track with the IRS or State. Call (716) 631-5111 today.
Common Tax Problems
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Potential Solutions
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