TAX LIABILITY OFFER-IN-COMPROMISE

The tax liability offer-in-compromise is a legal process that allows you to settle your taxes with the government by paying subtantially less than what you owe or even not pay your taxes anymore. The government allows you to settle your tax liabilities by paying as low as about 10% of what you owe, if you qualify or in some cases even allow you to pay nothing at all. It is a good option available to all taxpayers and like the bankruptcy process, it gives you a fresh start on taxes. After paying only the 10% of what you owe, you then start with a clean tax slate....a new beginning.....no more taxes owed. The government had written off 90% of your tax liability as Bad Debts. This process may be applicable to your case, if you can qualify. We can evaluate your situation and using professional discretion based on our skills and many years of experience, we can negotiate an offer-in-compromise on your behalf.

There are two (2) broad general categories of reasons why an offer-in-compromise would be acceptable. The first one is, you are convinced that you do not owe the tax that is being collected. The second one is, your financial hardship or insolvency vis-a-vis the substantial amount of taxes that you owe, makes it impossible for you to pay in full. Your present financial condition, your health, your age, and your future income potential will all be taken into consideration.

The earlier you are able to submit your case to an offer-in-compromise procedure, the better it will be for you.

One (1) out of every three (3) taxpayers in Los Angeles County who requests the offer-in-compromise process gets the approval And with the new IRS, the next one could be you. This could be your best option. The procedures, however, are quite complex and you will need professional tax advice and step-by-step direction on your way to a successful offer-in-compromise process. Please call our office if you need
any help. We will set up a private and confidential appointment for you.