IRS Tax Debt Settlement
We are a Christian tax firm <>< that specializes in all IRS and state tax debt matters including the IRS offer in compromise which is also known as the IRS tax debt settlement.
We are a biblical-based firm staffed with Christian tax professionals.
Our staff includes Christian tax attorneys, certified public accountants, enrolled agents, and former IRS agents, managers and tax instructors who have over 60 years of working directly for the Internal Revenue Service in the local, district, and regional tax offices of the IRS.
Before you file for offer in compromise or an IRS tax debt settlement you should walk yourself through a pre-qualifier tool that you can find on our website.
There are many firms out there professing that they can save you pennies on a dollar however unless you know ahead of time that you are a qualified and suitable candidate for IRS tax debt settlement you are wasting your money.
We qualify all our clients before we file the IRS tax debt settlement to ensure you do not waste any money or get ripped off.
Contact us today for free initial tax consultation and we will fully evaluate your case before you spend a dime.
How do you discern Christian godly counsel?
Psalm 37:30
The godly offer good counsel, they know what is right from wrong.
Proverbs 18:2
Fools have no interest in understanding; they only want to offer their own opinions.
The IRS Tax Debt Settlement/Offer in Compromise
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 consider your unique set of facts and circumstances before rendering an opinion on IRS tax debt settlement or an offer in compromise. IRS considers such things as:
1. Ability to pay;
2. Income;
3. Expenses; and
4. Asset equity.
The Internal Revenue Service 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. Explore all other payment options before submitting an offer in compromise.
The Offer in Compromise program is not for everyone.
Make sure you are eligible for a IRS Tax Debt Settlement or OIC
Before the IRS will 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 in compromise
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;
- $150 application fee (non-refundable); and
- Initial payment (non-refundable) for each Form 656.
Selecting a tax 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.
Call us today and speak directly to a Christian tax professionals who are experts in the IRS tax debt settlement and the offer in compromise.
IRS Tax Debt Settlement – Christian Tax Firm – Attorneys, CPAs, Former IRS – Offer in Compromise Experts
