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OIC Tax Services – Offer in Compromise Tax Services – IRS Tax Relief

Offer in Compromise – How Our OIC Tax Services Works

The experienced IRS Tax Attorneys and tax professionals at Flat Fee Tax Service, Inc. may, after listening to you and gathering the necessary information, recommend you pursue an Offer in Compromise (OIC Tax Services). Beware of other firms making promises that they can settle using OIC tax services (Offer in Compromise) settlement before knowing all the details about your finances and tax situation. We will never suggest this type of filing until we have analyzed your financial situation in great detail and matched it up with IRS standards to determine the likelihood your OIC (Offer in Compromise) being accepted. To determine if you are qualified and eligible to settle your tax debt through the Offer in Compromise program, our tax relief team will work closely with you to gather detailed financial data to match up to IRS guidelines to determine the likelihood of qualifying for an Offer in Compromise (OIC). If our IRS Tax Attorneys determine that you are likely able to qualify for our OIC Tax Services, we can determine what settlement offer would most likely be accepted by the IRS and determine if you can afford that payment. Once we cross reference all the data, our IRS Tax Attorneys will file all the appropriate paperwork and make the request (which will stop the IRS collection process) and then we wait for the response from the IRS.

IRS Offer in Compromise Help:

How our OIC Tax Service Works

An offer in compromise (OIC) is a great program that is offered by the IRS to help financially troubled taxpayers get back into compliance with the IRS. If an Offer in Compromise (OIC) is approved, it will allow you or a business to settle your tax debt for less. The IRS and States do not easily accept OICs, as only a fraction of taxpayers that apply actually have their offers accepted.

Per IRS 2016 statistics, about 41.8% of the submitted Offer in Compromise submissions (OIC) was accepted by the IRS.  

95% OF THE FLAT FEE TAX SERVICE, INC. RECEIVED A SUCCESSFUL IRS SETTLEMENT (OIC).

WE LIKE OUR RECORD OF IRS SETTLEMENT SUCCESS.

In order to apply for an offer in compromise (OIC tax services), a full financial disclosure of assets, liabilities, income, and expenses with the IRS needs to be submitted. The preparation and documentation for an Offer in Compromise is laborious. We always tell our clients to expect the Offer in Compromise process to take 10 to 12 months. Fortunately, the taxing authorities generally will stop collection actions on the taxpayer once the request is made as long as they don’t believe the request was made as a stalling technique.

OIC Tax Services Equals Offer in Compromise

The IRS Tax Attorneys through our OIC tax services has the advantage of a national perspective regarding the Offer in Compromise process because our tax relief team has active cases throughout the United States, which helps eliminate the misapplication of tax law and prevent unnecessary errors while negotiating Offer in Compromise settlements. Through many years of experience and insight into unpublished IRS administrative practices and policies, our tax relief team through our OIC tax services has developed an expert understanding of the Offer in Compromise process, and because of this, we have been able to settle cases at the lowest amounts the IRS will allow for each qualifying taxpayers situation. That insight we have into the Offer in Compromise process allows us to minimize the opportunity the IRS has to return an offer without resolution.

Why Select Us for our OIC Tax Services (Offer In Compromise)

Our team of IRS Tax Attorneys and tax professionals will never make false promises about your qualification for an IRS settlement through the Offer in Compromise program. Our IRS Tax Attorneys and tax professionals are very knowledgeable about the process of the Offer in Compromise program (OIC) and use various computer models to help determine qualifications and settlement offer amounts to increase your success. If we find out you do not qualify for this program, we will help find the next best IRS tax solutions that fit your financial needs.

FLAT FEE TAX SERVICE, INC.

OIC Tax Services Nationwide

Good People – Doing Great Work

FREE CONSULTATION: 1-800-589-3078

http://www.flatfeetaxservice.us

https://www.flatfeetaxservice.net

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Offer in Compromise – How Much Money can an IRS Offer in Compromise Save Me?

WHAT IS AN IRS OFFER IN COMPROMISE?

The Offer-in-Compromise can be a life-saving form of tax relief for those who truly need it. On average people who settle their debt using an Offer-in-Compromise end up paying less than 20% of the actual amount they owed to the IRS.

Approved by Congress to aid financially struggling taxpayers, an IRS settlement through the Offer in Compromise (OIC) program can be the ideal tax debt solution for resolving your tax problem as it can result in significant savings.

In some cases, your financial situation may make it nearly impossible for you to pay off all your IRS tax debt, even when utilizing tax relief over the long term via an installment plan. In such situations, the IRS may be willing to accept an Offer in Compromise and significantly lower your IRS tax debt.

Here is how an IRS Offer in Compromise works:

  • Through the work of our IRS Tax Attorneys, the IRS acknowledges that there is no feasible way to pay off all your tax debt. This means that you do not have enough income to pay off your tax debt and do not have enough valuable assets that the IRS could seize.
  • Using the IRS guidelines for an Offer in Compromise, you offer to pay the IRS the maximum amount that you can afford even though that amount may fall far short of the actual tax debt
  • If the IRS accepts that the amount of your Offer in Compromise, the IRS will agree to compromise, settle and essentially lower your tax debt to match the amount you can pay
  • Once you have finished paying the agreed upon amount, your tax debt is considered “paid in full.” This is true even if the agreed-upon Offer in Compromise is only a small percentage of what you originally owed

95% OF FLAT FEE TAX SERVICE, INC.’S CLIENTS HAVE RECEIVED AN IRS SETTLEMENT.

Our clients get positive tax relief results.

PER 2016 IRS STATISTICS: 42% OF THE OFFER IN COMPROMISE SUBMISSIONS

WERE APPROVED BY THE IRS.

WE LOVE OUR IRS SETTLEMENT RESULTS.

Getting Help with Offer In Compromise

Yes, a taxpayer can submit their own Offer in Compromise. Our team doesn’t recommend it if you are serious. To have a better chance of approval of your Offer in Compromise, one should utilize the assistance of an experienced IRS Tax Attorney for this complex process. The highly qualified, trained and experienced team at Flat Fee Tax Service, Inc. will work very hard to see if this is the best solution for your IRS tax debt.

To be eligible for an Offer in Compromise our IRS Tax Attorneys must demonstrate to the IRS that collection of the tax would create an economic hardship or would be unfair and inequitable.

For the best chances in successfully negotiating an Offer in Compromise, you’ll want an experienced professional with a successful track record on your side. Flat Fee Tax Service, Inc.’s expert IRS Tax Attorneys are highly experienced in preparing, submitting and settling these tax debt cases. By calling one of our Tax Relief Consultants, we will answer any questions you may have and provide you with a better assessment of your options.

FLAT FEE TAX SERVICE, INC.

GREAT PEOPLE – DOING GREAT WORK

1-800-589-3078

https://www.flatfeetaxservice.net

http://www.flatfeetaxservice.us

https://www.facebook.com/thebestirshelp