Have you seen the commercials – settle your tax debt for “pennies on the dollar”? What they are saying does exist. It is called an “Offer in Compromise”. This is where the Internal Revenue Service or state taxing authority reduces your tax debt because they feel it is not all collectible. That being said the qualifications for an OIC are very narrow and not everyone qualifies.

Sadly, some tax relief firms promise that you qualify and collect a fee up front for filing the paperwork, whether the qualifications are met or not. Then the IRS denies the offer and wastes the client’s time and money.

We will honestly tell you which solutions are available to your situation and advise you of the options for your tax problem. Contact our office today to discuss your tax debt and how we can assist you.