An offer in compromise allows you to settle your tax debt for less than the full amount you owe. It may be a legitimate option if you can’t pay your full tax liability, or doing so creates a financial hardship. The IRS considers your unique set of facts and circumstances:
✅ Ability to pay.
But be careful, the IRS will return any newly filed Offer in Compromise (OIC) application if you have not filed all required tax returns, have not made any required estimated payments and you are not eligible if you are in an open bankruptcy proceeding. Any application fee included with the OIC will also be returned and any initial payment required with the returned application will be applied to reduce your balance due. This policy does not apply to current year tax returns if there is a valid extension on file.
We recommend you to use the Offer in Compromise Pre-Qualifier (https://irs.treasury.gov/oic_pre_qualifier/ ) to confirm your eligibility and prepare a preliminary proposal.
☎ If you need more information, please contact us at (954) 442-8771
📍 Pembroke Pines – Florida
📍Orlando – Florida.