Offer in Compromise

We are often able to negotiate with the IRS to settle your tax debts for less than the amount owed. This is possible when you are unable to pay the full amount due to lack of income and assets, or would suffer financial hardship were you to have to pay the full amount. We will work with you to determine a reasonable amount that you can afford to pay and make an offer to the IRS.

If you have several years of back taxes due or an otherwise large debt to the IRS, it is worth working with a qualified tax professional like Lucky Leong, who can serve as your representative in negotiations with the IRS. We will work hard to significantly lower your tax debt so you can get a fresh start with your finances.

Submitting an Offer in Compromise to the IRS takes expertise and knowledge of tax laws to determine what is an affordable offer that the IRS will consider. Instead of sitting back and letting constant interest and penalties add to your tax debt, set up a consultation with our office today. You may be surprised at how much of your tax debt can be eliminated with a trained professional on your side!

Contact us today for a consultation and fee estimate.  It’s never too late to get yourself in order tax-wise.