Find out if you qualify for an Offer in Compromise

Settle your tax debt for less

Don’t let your IRS debt become overwhelming. Get back on track today with a tax debt compromise program.

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What is an Offer in Compromise?

An Offer in Compromise is a complicated way of saying that the authorities would rather settle for getting a percentage of what you owe than nothing at all.

Applying for an Offer in Compromise program requires the filing of complicated IRS forms that our tax professionals have mastered. When you present the IRS with the right paperwork prepared by our experts based on the information you provide, the IRS can decide what tax debt compromise program they can offer you to collect their payment. The Offer in Compromise process isn’t complicated when you handle as many as we do.

  • Get relief from so much tax debt.

We negotiate an Offer in Compromise on your behalf. You can get financial relief by paying only a portion of the total tax debt – if we can prove your financial hardship and if you meet the requirements.

  • It helps to have an end in sight.

Get the financial freedom you deserve by paying off your tax debt with a payment schedule. This will help you plan your finances and make realistic adjustments to your budget.

  • Individuals and small businesses benefit.

You, your spouse, and your business (as long as it isn’t a sole proprietorship) can apply. You will be assigned a helpful adviser that understands your unique case.

  • We are on your team.

Our team of experienced professionals will aggressively negotiate favorable terms with the IRS so that you can get back on track. We will be honest with you. We will find other solutions if you don’t qualify for an Offer in Compromise.

What’s the catch?

An Offer in Compromise is tough to get. To increase our chances, we will need your help with:

Details of your financial hardship

Together, we will try to prove to the IRS that you are really struggling to make ends meet. If your income is not covering what you need to live, and you make less than $84,000, we will tally your numbers and prepare the correct forms to clinch your Offer in Compromise request.

Your financial documents

After evaluating your household’s income, assets, debt, credit, and ability to pay for basics (like food, housing, utilities, and insurance), we can determine if an Offer in Compromise is possible. If not, don’t worry. We have the information and tools needed to find other solutions.

A commitment to paying on time

We will also negotiate with the IRS to establish a reasonable time frame to pay the entire amount or in comfortable monthly payments. The Offer in Compromise schedule can be between 6 -24 months. Can you imagine knowing that soon your tax debt worries will be over? What a relief!

How long does an Offer in Compromise take?

The Offer in Compromise process usually takes between 5 to 24 months to complete. After gathering your information, filling out the paperwork, and double-checking the completed packet (we help you with this!), we send it off to the IRS for their decision.

How long your Offer in Compromise takes depends on a variety of factors, like whether:

  • Your financial information is complex
  • You owe more than $25,000
  • Whether you are an individual or a business

If you are low-income, disabled, or on a fixed retirement or social security income, your case is likely to process faster.

We treat your information with care

Our experts are compassionate because most of our clients are in very stressful financial situations –  just like you. Clients sometimes cry. We understand. Your worry motivates us to stay persistent and strong during our negotiations with the State and IRS tax offices. 

What is an Offer in Compromise?

An Offer in Compromise is a complicated way of saying that the authorities would rather settle for getting a percentage of what you owe than nothing at all. 

Applying for an Offer in Compromise program requires the filing of complicated IRS forms that our tax professionals have mastered.

When you present the IRS with the right paperwork prepared by our experts based on the information you provide, the IRS can decide what tax debt compromise program they can offer you to collect their payment.

The Offer in Compromise process isn’t complicated when you handle as many as we do. 

  • Get relief from so much tax debt

We negotiate an Offer in Compromise on your behalf. You can get financial relief by paying only a portion of the total tax debt – if we can prove your financial hardship and if you meet the requirements.

  • It helps to have an end in sight

Get the financial freedom you deserve by paying off your tax debt with a payment schedule. This will help you plan your finances and make realistic adjustments to your budget.

  • Individuals and small businesses benefit

You, your spouse, and your business (as long as it isn’t a sole proprietorship) can apply. You will be assigned a helpful advisor that understands your unique case.

  • We are on your team

Our team of experienced professionals will aggressively negotiate favorable terms with the IRS so that you can get back on track. We will be honest with you. We will find other solutions if you don’t qualify for an Offer in Compromise.

Contact Us For a Free Consultation

What’s the catch?

An Offer in Compromise is tough to get. To increase our chances, we will need your help with:

Details of your financial hardship

Together, we will try to prove to the IRS that you are really struggling to make ends meet. If your income is not covering what you need to live, and you make less than $84,000, we will tally your numbers and prepare the correct forms to clinch your Offer in Compromise request.

Your financial documents

After evaluating your household’s income, assets, debt, credit, and ability to pay for basics (like food, housing, utilities, and insurance), we can determine if an Offer in Compromise is possible. If not, don’t worry. We have the information and tools needed to find other solutions.

A commitment to paying on time

We will also negotiate with the IRS to establish a reasonable time frame to pay the entire amount or in comfortable monthly payments. The Offer in Compromise schedule can be between 6 -24 months. Can you imagine knowing that soon your tax debt worries will be over? What a relief!

We treat your information with care

Our experts are compassionate because most of our clients are in very stressful financial situations –  just like you. Clients sometimes cry. We understand. Your worry motivates us to stay persistent and strong during our negotiations with the State and IRS tax offices. 

Feel a sigh of relief. Talk to us now.

contact us today for personalized assistance

Call today 800-659-6706 for a Free Consultation

FAQ

  • How to get an Offer in Compromise approved?

    The IRS requires the form 656. Form 656 analyzes your net income and available assets. Based on this information, the IRS decides if you can pay your entire tax debt or if you qualify for a payment reduction. Data collection for Form 656 is crucial. The Form must be detailed and accompanied by supporting documents. Tax Relief Helpers can quickly determine if this process is an option for you. If not, we will negotiate a payment plan with the IRS.

  • How long does it take to get an Offer in Compromise approved?

    Gathering the correct financial documents to include as proof can take weeks. This depends on how organized your accounting is. Once Form 656 is completed and sent to the IRS, the process takes at least 6 months. However, if you get rejected, an appeal can take up to 2 years. Tax Relief Helpers has the experts to handle each step of the Offer in the Compromise procedure.