Offer In Compromise
An Offer in Compromise is a program available by the IRS to completely resolve your outstanding tax liability for less than what you actually owe. Perhaps you have seen or heard the commercials; people say they owed the IRS this much (which is usually a large amount), but only paid that much (which is usually A LOT less than what they owed). These commercials give the impression that the IRS will accept an Offer in Compromise on just about any account, for just about any amount. The IRS does not. First of all, in order to be considered as a candidate for an Offer in Compromise by the IRS, you must meet certain conditions. We will advise you of these conditions and the likelihood of your Offer being accepted by the IRS.
RPM will not recommend an Offer in Compromise as a resolution to your tax liability unless we feel there is a reasonable chance your Offer will be accepted by the IRS. Only the IRS makes the decision to accept or reject an Offer in Compromise. Please contact us to see if you may be a candidate for an Offer in Compromise.