I am a former IRS revenue officer and teaching instructor of the IRS offer in compromise, tax debt settlement program.

I know the system inside and out I will let you know if you qualify to settle or you reduce your IRS tax debt. Free Consults

We are AFFORDABLE IRS specialist experts for the Offer in Compromise for those wishing to settle their IRS tax debt.

Former IRS Agents, since 1982. Former IRS OIC Specialist.

We are composed of former IRS agents and managers who were former employees of the Internal Revenue Service.

We have over 60 years of direct work experience in the local, district, and regional tax offices of the Internal Revenue Service. We are true IRS experts who understand the IRS collection system.

All our work is done in-house and we are used by other firms to do their backend work.

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

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.

You can walk to the pre-qualifier tool on our site or call us today to learn more about it.

We will not file an offer in compromise or accept any fee for any client unless we know they are qualified for the program.

So if we send in your offer in compromise, you probably do have a pretty good chance of getting it accepted.

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.

IRS Tax Statistics for the OIC

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.

Keep in mind this is a national average and varies from case to case is completely dependent on your current financial statement.

About 20% of all offers in compromise go to the Appellate Division for settlement. Most offers that are accepted by the Internal Revenue Service are done through true tax professional firms.

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

Making 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.

Submitting your offer or OIC to the Internal Revenue Service.

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 must and 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 for the offer in compromise program through the IRS:

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

1• IRS 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.

2• IRS 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, you must continue to pay monthly until it is paid in full.

While your offer in compromise is being evaluated by the IRS :

• 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.

As a side note, taxpayers should be aware that all tax returns must be filed before they can have an approved offer in compromise.

If you submitted an offer in compromise and IRS finds your tax returns are not file they will return the offer to you.

We could prepare all back returns for you with little or no records.

Call us today to find out more how you can settle your tax debt for pennies on the dollar. We are a true professional tax firm.

New York + IRS Offer in Compromise + Tax Debt Settlements + Settle & Reduce IRS Tax Debt + Unfiled Back Tax Returns + Former IRS