The Internal Revenue Service and most States offer a program called an Offer In Compromise. This program allows taxpayers to make an offer to pay off less than they owe. It requires that specific considerations be satisfied before the applicant may pursue an Offer In Compromise. Not all taxpayers will qualify for this settlement.
Those who do qualify may be able to settle their debt for substantially less than they owe.
Contact one of our experts to get more information on this program! We can help you determine if you or your business may successfully pursue such a resolution.