Tax Professionals | IRS Settlement | Offer in Compromise | Flat Fee Tax Service
Updated: Feb 12
IRS SETTLEMENT - OFFER IN COMPROMISE -
SETTLE FOR LESS
If you are looking for IRS tax professionals and owe the IRS money, there are some important factors to keep in mind.
The first thing to note is that the IRS is similar to any other "lender". The IRS is interested in collecting as much as of your IRS tax debt as fast as they can, when they can. The IRS wants to "close files". An Offer in Compromise will "close your file". This means they are always open to providing tax settlement through what is known as an Offer in Compromise (explained below).
The second thing to remember regarding IRS tax relief is that it's essential to make sure you are well represented when dealing with the IRS and as such, you should chose an IRS Tax Attorney carefully. There are many reputable IRS tax relief firms (like ours at Flat Fee Tax Service, Inc.) who are very experienced in how to best present your situation to the IRS.
Additionally, it is important to understand the benefit of paying the IRS what you can afford to pay, even if it’s a small amount. Ignoring your IRS tax debt will impel the IRS to use tough tactics against you, such as placing a federal tax lien against everything you own or levying your assets (wage garnishment or bank account seizure) until your IRS tax debt is satisfied.
Obviously, it’s always in your best interest to pay, if you can, what you owe on time. It is often difficult for many people to do so. That is why a number of struggling taxpayers seek out an IRS tax debt relief firm that’s knowledgeable in dealing with the government and navigating IRS channels. A reputable IRS tax relief company can help you get more time to pay your IRS tax debt as well as a reduction in the amount of tax you owe.
IRS TAX RELIEF - What Is an Offer in Compromise?
An Offer in Compromise (OIC) (#taxsettlement) is the ultimate IRS tax relief program that the IRS has and is essentially an agreement made between the IRS and a taxpayer that allows the taxpayer to pay less than the full amount they actually owe. With this type of IRS settlement agreement, the taxpayer can usually choose to make a lump sum tax payment or set up an installment plan. While it might not be available to everyone, the Offer in Compromise program has enabled many taxpayers to settle their IRS tax debt.
FLAT FEE TAX SERVICE HAS SETTLED 96% OF OUR OFFER IN COMPROMISE SUBMISSIONS.
PER 2016 IRS STATISTICS, THE IRS APPROVED APPROXIMATELY 42% OF THE OFFER IN COMPROMISE SUBMISSIONS.
OBVIOUSLY, WE LIKE OUR RECORD OF SUCCESS.