Offers in Compromise

The IRS Often Agrees to Take Less Than It Thinks You Owe

If you have received an IRS tax notice saying you owe a substantial amount of taxes, it may be of some comfort to know that the local auditor may agree to reduce the amount. An offer in compromise is simply a negotiated agreement to pay your taxes, but at an amount lower than the original tax bill. In return, the IRS may make demands such as immediate payment or a shorter installment agreement.

What Does It Take to Get the IRS to Accept an Offer in Compromise?

You have probably heard of companies that make wild claims about negotiating reduced tax bills. The truth is, most of these companies don't do any more for you than you might be able to do for yourself by begging on your knees. Tax lawyers, on the other hand, have the power of the courts in their negotiating bag. By listening to a solid, well-prepared case for a fair compromise, the IRS knows it will avoid the possibility of the taxpayer appealing through the courts.

Despite what the tax negotiation businesses try to sell you, there are only limited options for outstanding tax balances. An offer in compromise is the ONLY option that will actually reduce the tax amount the IRS says you owe.

If you reside or own a business in the Stockton, California, metropolitan area and can't afford the full tax bill the IRS has sent you, turn to the Law Offices of Mark A. Thiel for help. Mark is an experienced tax attorney with a successful record of helping individuals and business owners lower their taxes by:

  • Negotiating a reduced total tax bill
  • Settling on an appropriate repayment installment agreement
  • Attending audits to appeal the tax assessment
  • Appealing the tax bill through the federal and state tax courts
  • Placing your tax bill into temporary currently not collectible status

Call Attorney Mark Thiel Today. Sleep Better Tonight.

Call the firm at 209-390-4601 or use the email form on the contact page to request a return call to arrange a free initial consultation.