Offer In Compromise
As part of the confusing and complex web of financial rules and solutions across the US, an Offer in Compromise can be a situation that becomes increasingly confusing. When you are owing taxes and have problems paying, you can turn to a CPA firm like ourselves here at Abbo Tax CPA. From there, we have the power to offer on your behalf the Offer in Compromise.
This works by offering to help negotiate with the IRS to begin the long road to recovery.
Many of our clients find it hard to get the solutions themselves; with our help, it becomes much easier for you to find the solutions that you need for consistent improvement.
Don’t worry – you are not alone, nor do you have to face the problems of a tax issue with the IRS alone. We can be there to help you through these stormy economic times, when you have problems with the IRS in finding a compromise. With our vast experience we can help you to avoid these problems from escalating and leaving you with a much easier way to get out of this significant issue.
Why Do I Need an Offer-in-Compromise?
Whether it comes from cashing in on an IRA or because you took a loan from your IRA and are unable to pay it back, an OIC can be needed to help you manage significant tax arrears. If you cannot keep up with payments, then you will have to deal with the issue using our professional expertise.
You can also need help via an OIC from ourselves when you do not pay your owed back taxes, your payroll taxes or are delinquent in filing year returns. Penalties, income tax and various other problems can all add up and make needing to use an OIC to get out of a tough situation even more likely.
Should you find yourself in this spot, then we are here to help you get a professional and caring response to the problem. You can avoid the threatening conversations and the threat of seizures, as our OIC can be the best solution to help you avoid having to go down the route.
The IRS can be hard to deal with, but we can help to soften their stance usually with a comprehensive solution. We can reduce all of the back taxes owed in many situations, and can usually help to find an arrangement that allows you to get a second chance at correcting what has gone wrong.
With our help then you can make sure you have a much fairer payment plan. This is going to make it a lot easier for you to get back to living your life as normal. We’ll make it easier to manage the stress and the strain of your IRS discussions, improving the chances of a civil and amicable solution being found at the end.
Instead of having to handle compromises alone, our know-how and experience can help make a far more convincing solution available.