FTB Settlements – Offer in Compromise
To settle a tax debt with the FTB for less money than you owe, an offer in compromise is a great option. The FTB OIC (Offer in Compromise) program is unique because the FTB does not presently require an initial payment or a processing fee to begin negotiations. Taking advantage of current tax laws by using the proper legal procedure to resolve your Franchise Tax Board tax debt is important. It’s imperative that you have a tax lawyer behind you so that you can resolve your tax debt the right way.