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Tag Archives: Offer in Compromise

Offer in Compromise

You have little equity, minimal monthly disposable income (income minus IRS allowable living expenses), and  no expectation of future income, you can pursue what is called an Offer in Compromise (OIC). An OIC will allow you to settle your IRS debt for less (sometimes significantly) than you owe. The amount of your settlement offer is based […]

I Can’t Pay my Taxes, Now What?

If you owe the IRS and cannot pay your tax liability in full, there are collection alternatives available to you and your unique situation. An experienced tax attorney can review your financial situation and select a collection alternative that will benefit you best. What if I do nothing? Receiving a notice from the IRS about […]

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