Offers in Compromise

It is possible to settle your IRS debt for pennies on the dollar.

“We will accept an Offer in Compromise when it is unlikely that we can collect the full amount owed and the amount you offer reasonably reflects the collection potential…”

-Internal Revenue Code section 7122

The IRS has a program called Offer in Compromise which can be utilized when your total liability owed is more than you can afford or if you have been incorrectly assessed.

An experienced Tax Specialist must correctly present this option to the IRS, and when done so, might mean you can have your entire tax liability eliminated for as little as 5-15% of the total amount.

Edgar and Edgar CPAs will help you determine if you qualify for an Offer in Compromise or if a payment plan would better suit your tax situation.

For more information, please click to Request a Case Review, fill out your information and submit. A tax professional will review your case and contact you.  You may also call our office at (281) 306-0066.