Tax Collections: Offer in Compromise (OIC)
Under IRS rules and procedures, a taxpayer may benefit from the Offer in Compromise (OIC) program. Contrary to many dubious advertisements you may see on the web, this program is not necessarily a cure-all. The plan must follow stringent guidelines. However, in many cases, a taxpayer can significantly reduce his or her past-due tax liabilities – sometimes down to zero dollars owed.
Navigating the guidelines and negotiating with the IRS can be difficult for the taxpayer. I can help you get through the system. I can also help you avoid major problems such as bank levies, property and account seizures, and wage garnishments.
Other Tax Controversy Help:
- Penalty Abatements
- Filing of Current and Old Tax Returns
- Installment Payments to Taxation Authorities
- Removal of Liens/Levies
- Innocent Spouse Relief
- Federal and State Tax Workouts
- Evaluation of Alternatives
- 706 Estate Gift Tax Returns
- Payroll Tax Liabilities