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| Tax-Debt-Relief 2.0 : |
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Tax-Debt-Relief 2.0 Description : |
The Offer in Compromise program was established to grant tax debt relief to to people who cannot pay their taxes.
An Offer in Compromise is not always the best option. It is important to determine if the tax debt liability can be
avoided at the audit, appeal, or tax court level. Additionally, there may be ways to avoid collection of taxes
that re bettern than the offer in compromise, such as bankruptcy or waiting out he collection statute of
limitations.
Late night television is full of people advertising services that promise to settle your tax debt for "pennies on
the dollar." These services are generally not attorneys, and are basically Offers in Compromise mills. They fill out
the forms, regardless of the clients' individual situation, and make an offer. These offers are often not accepted
by the IRS. The IRS has even gone so far as to release a consumer alert advising taxpayers to beware of these
"pennies on the dollar" claims.
If you think you may qualify for the Offer in Compromise program because doubts about the tax liability, doubts
about their ability to pay the tax debt, or undue hardship involved in paying the tax debt, it is best to have an
experienced and knowledgeable tax attorney help you present your arguments. The vast majority of offer in compromise
filings are rejected by the IRS and the chances of a successful petition are much better with an qualified Offer in
Compromise attorney on your side.
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Short Description:Information about the IRS Offer in Compromise program. Get Tax Debt Relief!