Offer in Compromise
Handled by Our Mississippi Tax Lawyer
Maybe you didn’t know that the IRS has an offer in compromise program that can be utilized by the tax payer when liability has been incorrectly assessed or when total liability is more than you can afford to pay. This program allows individuals to settle their tax debt for less than the full amount they owe.
The IRS will consider your unique circumstances, including your:
- Asset equity
- Ability to pay
An offer in compromise is usually approved when the amount that an individual offers represents the most the IRS can expect to collect within a reasonable time period. Not everyone is eligible for this program, and the application process is lengthy. It is highly recommended you retain the services of an experienced tax attorney to guide you throughout every step of the way, ensuring no paperwork or deadlines are missed.
At Damiens Law Firm, PLLC, our experienced tax specialists can help you determine if you might qualify for an offer in compromise, or if a tax payment plan would be the better route for you to go. Using our extensive experience and in-depth knowledge, we can give you well-informed advice about your situation. You can rely on us for the effective services you need and deserve.
Fill out the form at the bottom of this page for a free consultation if you need help solving your tax problems.
Not Afraid to Fight the IRS
Work Directly with the Attorney
Payment Plans Available
Free Initial Consultations