Owing a large tax debt to the IRS can be incredibly stressful if you’re not sure what to do or how to turn things around. Fortunately, there are tax settlement options available to you such as the offer in compromise program. The purpose of the offer in compromise program is to give qualified taxpayers a fresh start by allowing you to settle your back taxes for less than the amount owed. That’s why an offer in compromise is often the best solution for taxpayers who are buried in IRS debt they simply cannot afford to pay.
The IRS may accept your offer when it’s unlikely that your tax liability can be paid in full and your offer reflects the amount that can be collected over a reasonable period of time. You’ll be required to prove you’re inability to fully pay by submitting a lengthy financial report that details your assets, income and monthly expenses and providing substantial documentation.
The tax relief team at East Coast Tax Consulting Group has extensive experience with the offer in compromise program and has successfully negotiated countless offers. When you call us you can expect for the personal attention and down-to-earth advice you need to obtain piece of mind. We’ll help you reach a tax settlement with the IRS that relieves the pressure and enables you to regain control over your financial life. To begin the process of pursuing an IRS offer in compromise, we’ll determine your eligibility for a back taxes settlement and then complete the necessary paperwork. After submitting your offer, to any IRS questions or requests for additional information and negotiate on your behalf. At no time will you be required to speak to the IRS.
Drawing from our more than 30 years of experience we’ll do everything we can to secure an offer in compromise that gets you the results you deserve.
IRS Tax Settlement
When you choose East Coast Tax Consulting Group as your tax relief firm, you can rest assured that we’ll explore all your settlement options, and only recommend you submit an offer in compromise when we believe you’re a viable candidate. If the offer program doesn’t work for you, don’t panic, there are other tax settlement solutions available to you.
After evaluating your case, we’ll determine whether you may qualify for innocent spouse relief, penalty abatement, hardship status or another tax resolution strategy. To learn more about tax settlements, the possibility of IRS debt forgiveness, and which strategies might work best for you, call or e-mail us today!