Offers In Compromise
We are regularly successful at pushing through Offers in Compromise to reduce the amounts that our clients owe. This is the IRS “Fresh Start” Program that can help you reduce or eliminate your tax debt. An Offer in Compromise amount is based on what you can afford to pay, not on how much you owe.
It’s a very, very long process, sometimes up to a year or more. The Offer in Compromise department is severely backed up and the IRS will not devote more of their resources to helping you get out of your tax debt.
The good news about the long wait is that once an Offer is filed, the IRS is prohibited from taking any collection action, so you won’t be subject to any levies or garnishments during that time.