IRS Offer in Compromise


IRS Offer in Compromise

Negotiate Offer in Compromise: Settle
Your Tax Debt Affordably. Feeling
Overwhelmed?

Are you feeling overwhelmed by your tax debt?You’re not alone. The IRS Offer in Compromise program could be your pathway to financial relief.
Whether you’re facing hardship or simply cannot pay the full amount of taxes you owe, let us help you
settle for what you can afford to pay.

A Guide

What is an Offer in Compromise?

An offer in compromise is when the IRS agrees to accept less than the full amount owed. The IRS does not have to accept an offer, but if the offer is presented so that it meets the IRS guidelines, it increases the chance that the IRS accepts the offer to resolve the outstanding balance.

Not all tax professionals know the ins and outs of preparing an offer that has a good chance of getting accepted. It’s important to look for a professional who has an excellent track record of getting offers accepted by the IRS. Our team is here to guide you through the process, ensuring your offer is prepared with the utmost care and expertise to secure the best possible outcome for your financial situation.

Qualification for Offer in Compromise

To qualify for an Offer in Compromise (OIC) with the IRS, you must meet several key criteria:

Basic Requirements

  • Filed all required tax returns: You must have filed all past-due tax returns and made all required estimated tax payments for the current year.
  • Not in an open bankruptcy proceeding: Your assets cannot be protected under an active bankruptcy filing.
  • Made federal tax deposits for current and past quarters: If you’re a business owner with employees, you need to have made all required federal tax deposits for the current quarter and the two preceding quarters.

Financial Qualification

  • Inability to pay FULL tax liability: You must demonstrate that you’re unable to pay your FULL tax debt within a reasonable timeframe through traditional payment options like installment plans. This assessment involves analyzing your income, expenses, and assets.

Expert representation help can get your case resolved with the IRS
with desired outcomes.

Let our certified IRS relief expert help you secure a resolution. A better solution awaits!

Get Free Consultation

Why choose us?

Expert Tax Professionals

Our team is composed of seasoned tax specialists with extensive experience in handling both straightforward and complex offer in compromise cases, ensuring tailored and effective resolutions for your unique situation.

Customized IRS Settlement Services

Recognizing that each individual and business face distinct challenges, we customize our services to specifically meet your needs, aiming for the most favorable resolution.

All-Encompassing Tax Solutions

Beyond specializing in IRS offers in compromise, we offer a full suite of services, including tax preparation and strategic planning, providing a holistic approach to address all your tax concerns.

Dedication to Client Satisfaction

We are committed to delivering a seamless and stress-reducing experience in managing your tax issues, with a particular focus on offers in compromise and resolving back taxes.

Clear and Open Communication

Keeping you well-informed is a priority for us. We maintain open lines of communication throughout the negotiation process with the IRS to ensure you are always up-to-date.

How can we help?

Free Initial Discovery Call

Begin your path to resolution with a no-cost consultation. This initial conversation allows us to understand your situation and assess how best we can assist you.

Roadmap and Strategy Planning

Following our initial discussion, we’ll craft a tailored strategy, outlining a clear roadmap designed to navigate the complexities of your tax situation effectively.

Implementation of the Plan

With a strategy in place, we take action. Our team of experts will diligently work to implement the plan, handling the nuances of your case with the utmost precision.

Support and Follow-Up

Our commitment to you doesn’t end with plan execution. We provide ongoing support and follow-up, ensuring any emerging questions or concerns are addressed and your journey to tax resolution is successful.

Our goal has always been simple but profound: to help taxpayers. We want to make the process of dealing with tax issues as straightforward and stress-free as possible. It’s about providing real solutions and support to those feeling overwhelmed by their tax situations. Helping taxpayers is at the heart of what we do, ensuring everyone receives the peace of mind they deserve.

Karla Navarro, EA, CTRC

FAQ

How does My Tax Problem Solved calculate an Offer in Compromise amount?
My Tax Problem Solved calculates your Offer in Compromise by assessing your Reasonable Collection Potential, considering assets, future income, and expenses to propose a realistic offer to the IRS, aiming for approval.
How does My Tax Problem Solved assist with credit impact during an OIC?
We guide you through managing any potential credit impacts, such as addressing IRS tax liens, to mitigate negative effects, and work towards improving your financial standing after resolving your tax debt.
What if my OIC is rejected?
My Tax Problem Solved will review the IRS’s reasons for denial, prepare a strong appeal, and advocate on your behalf, aiming to reverse the decision and achieve a positive outcome.
Does My Tax Problem Solved stop IRS collections during the OIC process?
Yes, we help pause IRS collections once a valid OIC is filed, providing relief during the review process and, if needed, guiding you through appeals to continue protection against collections.

Don’t take our Word!

Hear from those we helped

Kevin C.

From my first meeting with Karla, I could already tell she was an expert and very knowledgeable in her field. She also laid out clearly what the process of working with her would look like, which put me at ease and made me comfortable that I’d be in good hands with someone who was experienced and organized. She was always super friendly and responsive, and helpful in answering any questions I had.It was a pleasure working with Karla and I look forward to doing so in the years to come. Thank you Karla!!

 

Heather O.

Karla was absolutely amazing! We had a huge list of issues for her to tackle, and Karla worked tirelessly until our books were totally perfect. Her expertise in law practice accounting is unparalleled and she was able to explain everything in a way that made complete sense. Whenever I had questions (and I had A LOT), she answered them thoroughly and quickly. Karla was such a pleasure to work with and I cannot recommend her highly enough!

 

Davis W.

Karla has been indispensable in helping me get organized in my most complicated tax year yet. I had been handling my own taxes up until this point due to bad experiences with tax preparers who outsourced my taxes in prior years. Karla took the time to consult with me on client-business fit and answered my many questions promptly with detailed explanations. I’m so excited to work with Karla going forward and am sleeping soundly at night knowing that I’m working with a true professional. Thank you, Karla!

 

Zach S.

Karla truly went above and beyond for us. She called the IRS and waited on hold not once but 5 times because of an unforseen issue we had involving paying our nanny’s taxes.

If you are looking someone who will see your taxes all the way through the finish line, no matter what, work with Karla.

Renato R

Karla was the best, very professional and extremely patient, thorough thorough my entire procedure. I highly recommend her services.

 




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