New rules have changed the way the IRS negotiates tax debt, which is great news for anyone hoping to have an offer in compromise accepted. The IRS and Commissioner Doug Shulman have announced more flexible offer-in-compromise terms that will help a greater number of struggling taxpayers make a fresh start. These new rules are important, and they can mean tens or even hundreds of thousands of dollars that can be wiped off of a taxpayer’s liability.
If you owe money to the IRS, let a professional offer in compromise tax lawyer be your face during negotiations regarding your tax debt. Our founding partner is a former IRS attorney with valuable insider know-how. All of our attorneys hold L.L.M. degrees in tax law, which gives us a nuanced view of your case and the ability to eloquently advocate for an offer in compromise on your behalf. We know the rules better than anyone, and are able to tell your story in a persuasive way that results in less taxes having to be paid.
At Abajian Law, we care about making a difference in our clients’ lives. Owing back taxes can cause a lot of stress and financial uncertainty, and we take pride in helping our clients put that stress behind them. Hiring a tax lawyer to help you minimize your offer amount will take care of your tax woes once and for all, and achieve a realistic resolution.
The IRS offer in compromise rules are strict. Even if an offer in compromise isn’t the exact best strategy or option for your unique situation, our attorneys may be able to help you negotiate an installment agreement. Very few clients can pay their liabilities in full, even if they were to liquidate the equity in their assets. An installment agreement can help any client pay their liability off over time; sometimes a client may even qualify for a partial payment installment agreement if a CSED (collection statute expiration date) is soon approaching — and thus, taxes will still be forgiven.
We’re ready to help you put your tax liabilities behind you so that you can move forward, stress-free. Call us right now at 818.369.5059 for a free, no-obligation consultation with an offer in compromise tax attorney today.
Professional Tax Representative
October 4, 2022