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Any tax burden that you have is an uncomfortable and confusing situation.

The important thing to remember is before entering into any agreement with the IRS to relieve your tax debt, make sure you receive top flight legal advice first.

If you are considering an IRS offer in compromise pre-qualifier program, make sure to know everything you need to about this tax relief plan the IRS offers.

There are forms to file and an offer to make. To do so requires legal tax expertize that our team of highly qualified and reliable tax lawyers and IRS professionals have.

The overwhelming stress and worry involved with a tax burden can be alleviated, but you need to know your rights and the process the program entails.

What Are Some IRS Offer in Compromise Guidelines

What Are Some IRS Offer in Compromise Guidelines?

An IRS offer in compromise (OIC) is a plan you agree to with the IRS if there is no way you can pay back your tax debt either in full or in payments.

The program has been billed as a way to get out of your tax burden quickly, but there are a lot of things to consider before this is a possibility. Mainly, the deal must be accepted by the IRS, and you need a certified tax legal professional to help you pull this off.

There are three kinds of an offer in compromise pre-qualifiers to consider:

Doubt as to Collectibility

When the IRS has serious doubt as to their ability to collect on the entire amount owed. There are several factors the IRS looks into to see if this is viable, mainly your legitimate living expenses versus how much you make each month.

When the IRS has serious doubt as to their ability to collect on the entire amount owed. There are several factors the IRS looks into to see if this is viable, mainly your legitimate living expenses versus how much you make each month.

Effective Tax Administration

This option falls under the exceptional circumstances guidelines, and again, several factors can come into play. Your legal team can help explain everything there is to know about this plan.

This option falls under the exceptional circumstances guidelines, and again, several factors can come into play. Your legal team can help explain everything there is to know about this plan.

Doubt as to Liability

If you have proof that there is some question about the validity of the tax debt you owe like a mistake was made that you have evidence of, then you may be able to get approval for doubt as to liability OIC.

If you have proof that there is some question about the validity of the tax debt you owe like a mistake was made that you have evidence of, then you may be able to get approval for doubt as to liability OIC.

What Are Some IRS Offer in Compromise Tips?

Knowing how to get an offer in compromise approved is of vital importance. You need an experienced and reliable tax attorney with years of working with the IRS to help with your application.

All the I’s need to be dotted and T’s crossed whenever you file any forms with the IRS. Especially if you owe them money and are looking to make an offer in compromise pre-qualifier deal with them.

The application and its proper completion are of extreme importance. So you need to have an experienced tax pro to work with you.

One thing to remember is that there are fees for applications to consider as well as the fact that the IRS will investigate your claim and case.

And before deciding on any of these options, consult with your attorney or tax attorney to make sure you’re not entering into this agreement lightly.

What Are Some IRS Offer in Compromise Tips

Let Us Represent You with You IRS Offer in Compromise Pre-Qualifier

Our law firm specializes in dealing with tax issues, particularly when it involves negotiations and filing forms with the IRS, like the process of how to get an offer in compromise approved.

We have a talented and reliable team of tax attorneys and IRS tax professionals ready to work for you and with you when it comes to these complex forms and agreements with the IRS.

So give us a call today for a no-hassle, free consultation about your tax burden, and we’ll be glad to assist you in any way you need.