Offer in Compromise, IRS Settlement REJECTED – Call Former IRS Agents, Offer Specialist

March 8, 2013
Written by: Fresh Start Tax


 

Offer in Compromise, IRS Settlement  REJECTED – Call Former IRS Agents, Offer Specialist     1-866-700-1040

 
Has your offer in compromise or IRS Tax Debt Settlement been rejected by the Internal Revenue Service?
Do not be dismayed because it happens much more than you think.
Last year 58,000 offers in compromise were submitted by the Internal Revenue Service and IRS accepted a total of 18,000 offers.
Most of the offers that were rejected were completed by taxpayers and not professional firms. The very best chance you have of getting your offer in compromise accepted is filing it through former IRS agents or those that have extensive offer compromise experience. There are many good professional firms that exist for the purpose of filing your offer in compromise.
Make sure you check out tax firms BBB ratings and complaint history.
I am a former IRS agent who worked the offer in compromise program and I was also a teaching instructor that taught the offer program to new IRS agents.
I am a tax expert in the offer in compromise.
The offer in compromise even though it looks simple on the outside is a very complex procedure within the ranks of Internal Revenue Service.
Each offer in compromise if  accepted is open for public inspection at local district and regional IRS offices. IRS must keep accepted offers in compromise on file for one year for full public inspection.
Because of this, the IRS is painstakingly  looks over, reviews and manages offers far beyond what the public may think. The offer in compromise not only must get the agent approval, it must get approval  from the Agents the direct manager , it must get approval from the area director,  then it goes to IRS District Counsel for final review and approval to make sure it meets all criteria and legal qualifications for settlement.
Most people have their offer rejected simply because they’re unfamiliar with the detailed process of acceptance.   The revenue officer working the offer will spend between 20 and 30 hours working the case alone.
If you have a settlement denial or rejection call us today  and we will review the denial or rejection for no charge and see if there are ways or avenues to refile the offer in compromise to get this IRS debt off your back.
 

IRS must give you a written explanation of why your offer was rejected

 
IRS must give you a written explanation if your offer is not accepted.
The IRS usually rejects offers in compromise for one of two reasons:
1. The offer is too low,
2. The IRS felt like they could collect more money over the life or period of the statute.
If the offer in compromise was too low, the IRS letter will state what amount is acceptable to accept.  IRS will generally send you the report of all the figures and reason for the rejection. Once you find out the issues the IRS is having, you can have the opportunity to correct the facts or figures that you feel the IRS applied incorrectly. If you can fix the problem at this level, this is one of the best opportunities to resolve the problem.
Remember if you are unsuccessful at this level you can always file another offer in compromise at a later time.
 

You can always resubmit your offer in compromise.

 
If the IRS for any reason rejected your offer in compromise or your IRS settlement, you have the opportunity to resubmit your offer in compromise. You could resubmit your offer in compromise as many times as you wish. Having the detailed information from the past failure or rejection will give you an opportunity to change and correct your previous position to reflect a more acceptable offer in compromise.
My guess is that 50% of all offers in compromise that are resubmitted to Internal Revenue Service have a much higher acceptance rate simply because the taxpayers or their representatives know exactly how to approach the Internal Revenue Service. So learn from the mistakes of your first offer in compromise
So don’t be dismayed if your first offer in compromise fails you have as many chances as you wish to resubmit your offer in compromise.
 

Your Legal Appeal rights

 
Section 7123 requires the Internal Revenue Service to prescribe procedures by which a taxpayer or the Office of Appeals may request non-binding mediation on any issue unresolved at the conclusion of Appeals procedures, or unsuccessful attempts to enter into a closing agreement under section 7121 or a compromise under section 7122. Section 7123 also requires the Internal Revenue Service to establish a pilot program by which a taxpayer and the Office of Appeals may jointly request binding arbitration for any issue unresolved under the same circumstances.
This announcement modifies Revenue Procedure 2009-44, 2009-40 I.R.B. 462, Announcement 2008-111, 2008-48 I.R.B. 1224, and Revenue Procedure 2006-44, 2006-2 C.B. 800, by extending the two-year test of the mediation and arbitration procedures for Offer in Compromise (OIC) and Trust Fund Recovery Penalty (TFRP) cases that are under the jurisdiction of the Office of Appeals until December 31, 2012.
 

 Once Again

 
I cannot tell you how important it is to use truly trained tax professionals who have submitted volumes of offers and compromises because they know the exact system in the exact process to get your offer in compromise through.
Call us for your free tax consultation today and we will review your offer in compromise which will give you the very best chance of acceptance.
Due to the volumes of offers we have worked and submitted with the Internal Revenue Service we can ensure that your IRS offer in compromise or tax that settlement will be the lowest amount allowed by IRS by law.
 
Offer in Compromise, IRS Settlement  REJECTED – Call Former IRS Agents, Offer Specialist

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