We are a local Florida professional tax firm. SINCE 1982, FORMER IRS AGENTS, WE WERE IRS INSTRUCTORS OF THE OIC.

 
I was a former IRS agent who worked and taught the tax settlement program called offer in compromise program while employed by Internal Revenue Service.
Because of my years of experience as a Former IRS Agent, I understand all the protocols, settlement formulas, settlement theories and internal processes of the IRS.
It cost you nothing to call our firm and see if you qualify to settle your tax debt with the IRS.
 
The New Offer in Compromise Program
An offer in compromise allows you to settle your tax debt for less than the full amount you owe. It may be a legitimate option if you can’t pay your full tax liability, or doing so creates a financial hardship.
 
IRS will consider your unique set of facts and circumstances such as your:

•     Ability to pay;

•     Income;

•     Expenses; and

•    Assets equity.

 
IRS will generally approve an offer in compromise when the amount offered represents the most we can expect to collect within a reasonable period of time.
The Offer in Compromise program is not for everyone.
 
Make sure you are eligible for the OIC

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.
With the advent of the new IRS offer in compromise program taxpayers are flooding the system with tax settlements called, offer in compromise.
Sadly, most taxpayers do not qualify to settle their tax debt and are making a huge mistake giving IRS their current financial statements.
Three years ago, the IRS adopted the fresh start program or fresh start initiative which opened the door and paved the way for droves of taxpayers who are basically uninformed to make attempts to settle their tax debt.
So many offers in compromise or tax debt settlements have been sent to IRS that there are currently 8000 cases in the IRS that IRS cannot even get to.
 
The facts of the offer in compromise program
1.Last year 58,000 offers in compromise were filed with the Internal Revenue Service
2. 38% of those offers in compromise were accepted by the Internal Revenue Service the highest number in the history of IRS.
3. The average settlement was $.14 on a dollar.
 
The unfortunate thing is most taxpayers attempt to settle their case without knowing the criteria for tax settlement and wind up exposing themselves to scrutiny with the Internal Revenue Service.
Because they are doing this they are exposing themselves to IRS collecting money that the taxpayer thought they could never collect and also some of these taxpayers are subject to an IRS audit.
Before you go ahead and try to settle your tax debt with the Internal Revenue Service you should walk through the IRS pre-qualifier tool to settle your case.
 
You can find that pre-qualifier tool for the offer in compromise on our website.
Do not file your offer without walking through this tool it is a very valuable resource and it will save you a ton of money and time and not expose you to IRS scrutiny.
As a former IRS agent and teaching instructor I worked and accepted the offers and compromises as a former agent.
You should know that IRS will do a Google search, real estate, DMV search, credit report searches and a variety of internal searches to hunt down your income and assets.
IRS is required to do an extensive income and asset search before it all for compromises accepted by the Internal Revenue Service.
One of the reasons they do this is all offers in compromise that are accepted by IRS become a matter of public record for one year.
IRS may even pull up financial statements that you have given to third parties in the last two years.
Make sure you are squeaky clean and you will have no problems.
So be very careful before giving IRS a financial statement.
There are many areas that I recommend taxpayers represent themselves but in the matter of filing a offer in compromise to settle their tax debt with the Internal Revenue Service the very best chance  to settle your debt is with an experienced tax professional who knows the offer in compromise program.
So before settling your tax debt with the Internal Revenue Service make sure you are qualified for a tax settlement.
Call us today for a free initial tax consultation and will be the best 20 minutes you ever spent.
We are the fast affordable tax firm comprised of tax attorneys, certified public accountants, and former IRS agents, managers and tax instructors with over 206 years of professional experience, over 60 years of working directly for the Internal Revenue Service, A+ rated by the Better Business Bureau.
Settlement Formula for Tax Settlements
Internal Revenue Service is concerned about two things when they settle your tax debt. They are concerned about income and assets.
The very simple formula for tax settlements is this.
IRS will want to total liquidation value of all your assets including IRA or pensions and any excess monthly income after the national standards applied.
That excess income monthly figure is then multiplied by 12. Both figures are added together.
Remember the offer in compromise is not for everyone.
Make sure you’re a qualified candidate before you giving your money or a fee to any tax professional.
 
 
Areas of Professional Tax Representation
On staff, Board Certified Tax Attorney’s, IRS Tax Lawyers, Certified Public Accountants, Enrolled Agents,
Full Service Accounting Tax Firm,
We taught Tax Law in the IRS Regional Training Center
Former IRS Agents, Managers and Instructors with over 60 years experience in the local, district and regional IRS offices.
Highest Rating by the Better Business Bureau “A” Plus
Fast, affordable, and economical
Licensed and certified to practice in all 50 States
Nationally Recognized Veteran /Published Former IRS Agent
Nationally Recognized Published EZINE Tax Expert
As heard on GRACE Net Radio.com – Monthly Radio Show-Business Weekly
 
Offer in Compromise – Miami, Ft.Lauderdale – Former IRS Settlement Agent – Affordable