Offer In Compromise

Here is some of what the IRS will look at when considering an offer in compromise:

Is The Tax Really Yours?

If there is some reason to think that you shouldn’t be liable for the tax the IRS is using a tax lien to try to collect, you can use the form to explain this reason, provide the proof you need to provide, and see if you can get the lien removed entirely. Tax laws can be complicated, but a good attorney with a solid plan can help you figure out whether you may be able to use this avenue to remove a lien and help you assemble all the proper documentation for doing so.

Can You Pay?

The most common reason for asking for help with a tax lien is simply being unable to pay the full amount of the tax. If you are struggling financially and have no reasonable way to pay the entirety of the taxes that you owe, you can use this avenue to offer a settlement to the IRS that is more in line with what you can pay. With the right help you can craft a payment plan you can reasonably manage within the time frame the IRS needs and pay off an amount you can afford.

Are There Unusual Circumstances?

Sometimes taxpayers have a tax lien they can technically pay but there are circumstances that will create a significant hardship if that payment is made. If you are struggling through a crisis, like a major illness within your immediate family or similar issue that will cause great financial hardship, you may be able to have a lien removed due to this circumstance. A tax attorney can help you figure out whether your circumstances may allow you to remove a tax lien and work out something you’ll be able to handle with the IRS.

Tax liens may seem dire, but with the right help you can use an offer in compromise to solve the problem.