You have options…

An offer in compromise allows you to settle your tax debt for less than the full amount you owe. It may be a legitimate option if you can't pay your full tax liability, or doing so creates a financial hardship. The IRS will consider your unique set of facts and circumstances:

Ability to pay, Income, Expenses, and Asset equity

The IRS typically approves an offer in compromise when the amount offered represents the most they can expect to collect within a reasonable period of time.

Make sure to contact one of our specialists to find out what’s the best option to help with your specific case.