The Offer-in-Compromise can be a great way to settle your tax debt for significantly less than you currently owe the IRS. On average, taxpayers who settle their debt using an Offer-in-Compromise end up paying less than 10 - 20% of the actual amount they owed to the IRS.
Here is how an IRS Offer-in-Compromise works:
A tax debt can be settled with an offer in compromise for any one of the following reasons:
In order to be eligible for an Offer in Compromise, the taxpayer needs to demonstrate that collection of the tax would create an economic hardship or would be unfair to the taxpayer.
We have many years of successful tax resolution negotiation experience and have education to solve your tax problems. Give us a call for a free tax consultation at 605-646-3585.
We are proud to have successfully served tax resolution clients in the following States
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