- February 16, 2017
- Posted by: admin
- Category: Tax relief
Is pennies-on-the-dollar possible? Yes, in the form of the Offer in Compromise. If we can qualify you for this and submit it properly, the I.R.S. will take a small amount as full settlement of what you owe.
The nice thing is, we do so many of these every month, that we know what the I.R.S. is settling for and how to properly submit the offer so it will be accepted.
It’s a once-in-a-lifetime opportunity, and must be followed up with on-time filing in the years to come (voluntary compliance).
Do you have to pay the settled amount all at once? No, it may be divided into affordable payments for up to 24 months.