Offer In Compromise

Offer In CompromiseAn Offer in Compromise is an agreement between a taxpayer and the IRS that resolves the taxpayer's liability for a reduced amount. Submitting an Offer in Compromise is a formal and complicated process, and not everyone meets the IRS criteria. A very high percentage of all Offers in Compromise filed in the U.S. are rejected by the IRS. This is because most Offers in Compromise are either filed by taxpayers themselves or by "tax resolution" companies who make empty promises in television commercials without even knowing the details of the potential client's problem. At Willi Law Office, LLC, we diligently do our research and investigate the facts of each case and will only apply for this program if we feel the client is a good candidate. Because satisfying the maze of IRS procedural requirements is necessary for an Offer in Compromise to even be reviewed by the IRS, it is extremely important to have an experienced law firm on your side throughout this process.