Tax Settlements – Offer in Compromise

The Offer in Compromise (OIC) program has been around for many years as an option for taxpayers to settle their tax debt for less than the full amount. Some aspects of the OIC program have been updated under the “Fresh Start” initiative to make it easier for struggling taxpayers to meet the requirements for an accepted offer. At Montgomery & Wetenkamp, we provide complimentary evaluations to determine if your case is a candidate to be settled through an offer to compromise. Usually, for an offer to be accepted, taxpayers must prove that the IRS is never going to be able to collect more than what is being offered. This takes much more than simply filling out and filing the proper forms. In fact, most of the technical work and negotiations begin after the required forms have been filed. So, it’s important to have a skilled IRS tax attorney by your side. Our tax attorneys will work tirelessly to get you the tax relief you deserve.