Offer in Compromise
The Internal Revenue Service defines an Offer in Compromise (or OIC) as "an agreement between a taxpayer and the Internal Revenue Service that settles the taxpayer’s tax liabilities for less than the full amount owed."
There are different grounds for an OIC that the IRS will accept, including low potential for collection, possibility of error or financial hardship. We can help you find the best way to approach the IRS, and work to get you the settlement you need.
There are different grounds for an OIC that the IRS will accept, including low potential for collection, possibility of error or financial hardship. We can help you find the best way to approach the IRS, and work to get you the settlement you need.
Our firm is a tax and accounting practice, working for individuals and businesses. We understand our clients' needs and wish to ensure their financial success, through clear and responsive communication, that we might further their interests. We use professional and trustworthy approaches to minimize our clients' tax payments while maximizing their income.