When you owe a large amount in back taxes and related penalties and fees, it may seem like there’s no way out of the trouble you’re in. Luckily, the IRS offers various tax settlements that can ease your burden. One coveted tax settlement for which you may be eligible is the offer in compromise. This IRS settlement allows you to resolve your debt by repaying less than the total amount you owe. By forgiving a portion of the debt, the IRS gives you the ability to break free from the downward spiral tax problems can cause.
Because the government is only recouping a portion of what it is owed, offers in compromise aren’t given away lightly. If you live in, or own a business in, the greater Mesa area, you can count on Taxation Solutions, Inc. to help you negotiate this tax settlement, or any other tax resolution strategies that make sense for your case. We’re your experienced and knowledgeable choice for tax help, able to improve all sorts of taxpayers’ situations. We’ll take a look at your income, expenses, ability to pay, and assets in order to determine your offer in compromise eligibility, and then we’ll get right to work.
Call or e-mail us today!