Every year many delinquent taxpayers have their past due tax obligations reduced to
pennies on the dollar. The IRS is authorized to compromise tax obligations when it is
unlikely that the taxes can be collected in full and the amount offered reasonably
reflects the IRS's collection potential.
If the IRS is currently seizing a portion of your wages, your tax account is currently
on hold as un-collectible, or you are paying monthly installment payments to the IRS only
to see your payments applied to interest and penalties, you may be a candidate for an
Offer in Compromise.
If you are unsure if an Offer in Compromise will be of help, come in and see us and we
will review your case. Please note that IRS has begun charging a fee of $150
to process an Offer in Compromise (under certain circumstances, the IRS will
waive or refund the fee).