Finding Relief from Overwhelming Tax Debt
An Offer in Compromise (OIC) is a program offered by the IRS that allows taxpayers with significant tax debt to settle their liability for a lower amount than what they actually owe.
Here's How it Works
You submit a formal offer to the IRS
This offer outlines your current financial situation, including your income, expenses, and assets.
The IRS reviews your offer and determines if it meets their criteria.
If your offer is accepted, you'll pay the agreed-upon amount and the IRS will release you from the remaining debt.
Why consider an OIC?
An OIC can be a lifeline for taxpayers facing overwhelming tax debt who are unable to pay their full liability. It can help you:
Avoid wage garnishment, bank levies, and property seizures.
Protect your assets and maintain your credit score.
Gain peace of mind and move forward financially.
How We Can Help
- Determine if you qualify for an OIC. We'll review your financial situation and help you understand the eligibility criteria.
- Prepare a compelling offer. We'll gather the necessary documentation, including income statements, expense reports, and asset valuations, to make a strong case for your OIC.
- Negotiate with the IRS. We have extensive experience navigating the OIC process and will advocate for your best interests.
- Guide you through every step. We'll keep you informed and answer any questions you may have throughout the process.
Contact us today to learn more about whether an OIC is right for you and how we can help you achieve a favorable outcome.
Phone: (856) 477-4357 | Email: eddiemoneytaxresolution@gmail.com
Service Areas: Wayne County, Michigan, Oakland County, 75 Radius Excluding Canada