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An Offer in Compromise is a means of settling your tax debt for less than what you owe. Avantri Law’s tax lawyer has extensive experience with Offers in Compromise.
The IRS will accept an Offer in Compromise when the tax liability is unlikely to be paid and the offer represents a good deal for the IRS. Alternatively, an Offer in Compromise is method of attacking a tax debt when the taxpayer does not owe the tax.
Offers in Compromise can result in taxpayers settling their tax debts for pennies on the dollar.
Once the Offers in Compromise has been accepted for processing by the IRS, the IRS will not continue with its enforced collection activities.
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