We are IRS specialist for the offer in compromise for those wishing to settle their IRS tax debt. Former IRS Agents, since 1982.

We are composed of former IRS agents and managers who were former employees of the Internal Revenue Service. We know the system. I am a former IRS agent and teaching instructor of the offer in compromise or tax debt settlement program  along with other IRS programs and systems.

We have over 60 years of direct work experience in the local, district, and regional tax offices of the Internal Revenue Service.

You can call us today for free initial tax consultation and find out if you are a true offer in compromise tax debt settlement candidate.

Due to the new fresh start initiative set out by the Internal Revenue Service many more taxpayers are eligible for the tax debt settlement.

The Internal Revenue Service is making the offer in compromise or the IRS tax debt settlement an easier process.

As a former IRS agent I would let all individuals who are trying to settle their debt on the own to understand that this is a long process. Right now there are 7500 cases in the IRS Q. the average wait time is currently nine months. IRS is swamped with cases and they have few employees to work the volumes of offers currently in the system.

Before a taxpayer or client thinks about the filing of an offer in compromise they should check out the IRS  offer in compromise pre-qualifier tool first.

It is important to know you will that all back tax returns will have to be filed, up-to-date and current on the IRS computer system before the Internal Revenue Service will accept an offer in compromise.

Last year there were 78,000 offers in compromise were filed with the Internal Revenue Service, 38% of those were accepted for an average of $6500 per case.

About 20% of all offers in compromise go to the Appellate Division for settlement.

You should know that not everyone is an offer in compromise candidate to settle their tax debt.

Make sure you are eligible

Before IRS can consider your offer, you must be current with all filing and payment requirements.

You are not eligible if you are in an open bankruptcy proceeding.

Submitting your offer

You’ll find step-by-step instructions and all the forms for submitting an offer in the Offer in Compromise Booklet, Form 656-B (PDF).  Your completed offer package will include:

• Form 433-A (OIC) (individuals) or 433-B (OIC) (businesses) and all required documentation as specified on the forms;

• Form 656(s) – individual and business tax debt (Corporation/ LLC/ Partnership) must be submitted on separate Form 656;

• $186 application fee (non-refundable); and

• Initial payment (non-refundable) for each Form 656.

Selecting  a payment option

Your initial payment will vary based on your offer and the payment option you choose:

• Lump Sum Cash:

Submit an initial payment of 20 percent of the total offer amount with your application. Wait for written acceptance, then pay the remaining balance of the offer in five or fewer payments.

• Periodic Payment:

Submit your initial payment with your application. Continue to pay the remaining balance in monthly installments while the IRS considers your offer. If accepted, continue to pay monthly until it is paid in full.

Understand the OIC process

While your offer is being evaluated:

• Your non-refundable payments and fees will be applied to the tax liability (you may designate payments to a specific tax year and tax debt);

• A Notice of Federal Tax Lien may be filed;

• Other collection activities are suspended;

• The legal assessment and collection period is extended;

• Make all required payments associated with your offer;

• You are not required to make payments on an existing installment agreement; and

• Your offer is automatically accepted if the IRS does not make a determination within two years of the IRS receipt date.

Please keep in mind that if you have had an offer in compromise rejected you may file another offer at any point in time.

We are a full-service professional tax firm that has a unique expertise in the resolution of all IRS tax matters.

Hear the truth today from an expert tax firm on IRS tax resolution matters.

We are the fast, friendly, and affordable professional tax firm.

As a side note, taxpayers should be aware that all tax returns must be filed before they can have an improved offer in compromise. We can prepare any and all back tax returns.

 Offer in Compromise + IRS Tax Debt Settlement Program + Settle Tax Debt Bill + Former IRS Offer Specialist + Oklahoma City, Tulsa, Norman, Broken Arrow, Lawton