Settle Your Tax Debt for Less
Offer in Compromise
An Offer in Compromise (OIC) allows you to settle your tax debt for less than the full amount you owe. This option may be available if paying your full tax liability would create financial hardship or if you cannot pay the debt in full. The IRS typically approves an OIC when the amount offered represents the most they can expect to collect within a reasonable period. Our team will thoroughly analyze your financial situation to determine if you qualify for an OIC. If you are not eligible, we will recommend alternative payment options to resolve your tax debt effectively.
Relief from Financial Hardship
Currently Not Collectible/Hardship Status
If paying your tax debt would cause undue financial hardship, you might qualify for Currently Not Collectible (CNC) status. This status halts IRS collection efforts temporarily, although a lien may still be placed on your assets. To qualify, you must demonstrate that you cannot pay your tax debt after covering essential living expenses or by liquidating certain assets.
Applying for CNC status on your own can be challenging and time-consuming. Our tax professionals are well-versed in IRS rules and regulations and will submit the correct paperwork on your behalf, emphasizing your financial situation’s legitimacy.
CNC status offers a reprieve from collection enforcement, giving you time to explore options for permanently resolving your tax issues.
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