IRS Offer in Compromise Attorney​

Call Our Offer in Compromise Attorneys to See If You Qualify

An IRS Offer in Compromise is one way to find tax debt relief. The first step is to call our experienced attorneys for a confidential consultation. We’ll help you determine whether you qualify for an Offer in Compromise or whether another solution will provide your best results.

We know how hopeless it can feel to have IRS debt, but there is a solution. Your experienced Offer in Compromise attorney will provide the clarity, guidance, and personal service needed to bring you safely to the other side.

Understanding the Offer in Compromise Process

Through the Offer in Compromise program established by the Internal Revenue Service (IRS), you may qualify to settle your IRS tax debt at a substantial discount. If  your assets are less than your debt and you cannot afford to make payments, Gordon Law Group’s tax attorneys may be able to eliminate a large portion of your tax debt. Once your attorney files your offer, the IRS is prohibited from collecting from you. This means your bank levies and wage garnishments will stop.

Most people do not have the skills or knowledge of the IRS collection process to negotiate IRS compromise settlement agreements that are in their best interests. Government figures show that 75% of Offers in Compromise are returned due to forms being filled out incorrectly—and of the offers that are processed, approximately 50% are rejected.

Qualifying for an IRS Offer in Compromise based on doubt as to collectability is based on your monthly income and expenses, assets, and economic hardship conditions. Your tax attorney will personally analyze and prepare the financial statements because a strong presentation and accounting is the key to success in the OIC program. In addition, your lawyer will personally handle ALL negotiations and communications with the IRS. Gordon Law Group offers uniquely professional, responsive, and experienced representation to resolve your tax matters.

The Process

1. Qualification.

Do you owe more than $30,000 to the IRS? Are your assets less than your tax debt? Is your income insufficient to make significant monthly payments on the total existing liability to the IRS? If you answered yes to these questions, you may meet the Offer in Compromise requirements.

2. Access IRS Records

After filing the Power of Attorney (Form 2848) with the Internal Revenue Service, your Gordon Law Group attorney may request a copy of your account transcript and determine if the IRS made any errors.

Your attorney will also research whether there is any basis for Doubt as to Liability, Special Circumstances, or expiring Statute of Limitations that would support an even lower IRS Offer in Compromise amount. Your attorney will then discuss their findings with you and find a minimum offer amount that works.

3. Missing Tax Returns

Before you are eligible for an Offer in Compromise, you must file ALL missing tax returns. Gordon Law Group’s skilled tax professionals can prepare and file them based on IRS records and the information you provide. For more information and costs of preparing delinquent tax returns, contact Gordon Law Group.

4. File the IRS Offer in Compromise.

Upon receipt and processing of your Offer in Compromise, the IRS suspends all collection activity while your OIC is being considered. Usually, 4 to 8 weeks thereafter, the IRS confirms that the Offer in Compromise was properly submitted and that it will be assigned to an agent for review. Usually within 3 to 6 months of being assigned, a Revenue Officer will contact Gordon Law Group. You will not need to have any contact with the IRS yourself.

5. Corresponding with IRS and Providing Supporting Documentation

The IRS examiner will typically request certain updated documentation to support the Offer in Compromise, which your Gordon Law Group attorney will request from you. Prior to submitting any documentation to the examiner, your attorney will carefully screen it to make sure it is consistent with what was previously reported. Sometimes the examiner will determine that the offered amount must be higher, but with further negotiation and presentation of additional information, it is common to get the examiner to agree with Gordon Law Group’s tax attorney Offer in Compromise amount.

6. Acceptance of Offer in Compromise

After receiving payment, the IRS writes off the balance of the liability and releases all tax liens (yes, they keep a lien in place during the payment period, but the lien is inactive, not pursued).