Schank & Associates

Tax Relief Attorneys

Offer-in-Compromise

The IRS "Offer in Compromise" program allows taxpayers who qualify an opportunity to settle delinquent taxes for less than the total amount owed.

Personal, business and even payroll taxes can be included in the OIC program, Our tax experts must prove that it is within the IRS' best interest to settle a tax debt for less than the taxpayer owes.

The process often requires:

  1. Formal written procedures.
  2. Repeated submission of financial information.
  3. Several rounds of negotiations.

Offer in Compromise is a simplified agreement between a taxpayer and the IRS. It can dramatically reduce a taxpayer’s tax liability. To Successfully prepare an Offer in Compromise takes time and experience. There is no getting around the work that must be done to draft a substantial offer. At Christian Schank & Associates we have the experts that are qualified to negotiate on your behalf.