offer-in-compromise-specialists

How to Get an Offer in Compromise Approved: Your Ultimate Guide If you owe a lot in taxes, you can get your tax debt reduced with an offer in compromise. Here’s how to get an offer in compromise approved. Do you want to know how to get an offer in compromise approved? Have you been receiving threatening letters from the IRS that say that they’re going to levy your bank accounts unless you pay them? Maybe you don’t have the resources to pay them and have no way to borrow money. It’s a scary situation to be in. Fortunately, the IRS has what’s called an offer in compromise program, which may allow taxpayers to have a fresh start from the burden of back tax debt. The important thing to note is that about 40% of those offers are accepted by the IRS. Read on to learn more about what the offer in compromise is and how you can get your offer approved. What is an… Read More

IRS-Offer-In-Compromise-form-656-settlement-tax-debt

  If you owe more than $10,000 in IRS tax debt, you may qualify for an IRS tax debt relief program.  One tax relief program you may qualify for is an Offer in Compromise OIC.  Qualifying taxpayers may be able to settle their tax debt for a fraction of what they owe.  If you owe back taxes, contact Austin & Larson Tax Resolution to speak with a tax relief specialist to see if you qualify for an IRS Offer in Compromise.   The Offer in Compromise OIC program was established by the IRS to help taxpayers who are experiencing financial hardship due to the tax burdens they have accrued over time.  Taxpayers that owe more than $10,000 to the IRS may qualify for a tax debt relief program.  The Offer in Compromise OIC program takes into account the equity of all of your financial assets and performs a calculation of your future earning potential.  Based on the combination of these two elements, the IRS determines… Read More

click me