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Monday, October 31, 2011
IRS PROBLEMS -- Solve Your IRS Problem Through the Offer in Compromise Program
IRS PROBLEMS SOLVED
SETTLING with the IRS
OFFER in COMPROMISE PROGRAM
You owe the IRS for back taxes. You cannot afford to pay the IRS for your back tax liability. You are in trouble and in a bind.
WHAT DO YOU DO?
The "good news" is that you may be eligible and qualified to settle with
the IRS through the Offer in Compromise program.
The IRS, earlier this year, announced an easing of rules regarding eligibility in the Offer in Compromise program. More taxpayers than ever are eligible and qualified to settle their IRS Problems through the Offer in Compromise program. The IRS has called this new program the "Streamlined Offer in Compromise" program.
WHAT is an OFFER in COMPROMISE
An Offer in Compromise is an agreement between you, the taxpayer, and the IRS that will resolve your tax liability for less than what is actually owed. The IRS has the authority to settle back tax debt or "compromise" under certain financial conditions. The most common condition is when it is unlikely that you, the taxpayer, will ever be able to pay your back tax debt in full. This is called "Doubt as to Collect-ability." The settled amount is a reflection of what you, the taxpayer, can realistically pay.
A successful Offer in Compromise is a "win-win" for both you, the taxpayer, and the IRS. You, the taxpayer, can get your "house in order" and breathe a deep sigh of relief knowing that your back tax debt has been resolved. The IRS can also close a case and move on to other cases. The IRS has never a shortage of tax liablity cases to work on. The IRS will collect more through the Offer in Compromise than they would have by continuing to chase you for the money.
Also, statistics prove to the IRS that a taxpayer who settles their back tax debt is more likely to stay compliant, file their tax returns on time and pay their taxes when due. Future filing of tax returns and paying taxes when due is a part of the Offer in Compromise settlement.
According to the 2007 Annual Report by the Tax Advocates Service (Volume 1, page 375), the IRS collected 17 cents ($0.17) for every $1.00 (One Dollar) owed in back taxes through the accepted Offer in Compromise in 2007. The Tax Advocate's Report also showed that the IRS collected only 13 cents ($0.13) for every $1.00 (One Dollar) owed on 2 year old back tax debts and virtually nothing for tax liabilities that were older than 3 years.
NOT EVERYONE IS ELIGIBLE
TO SETTLE WITH THE
But many of you are. The IRS Offer in Compromise program is complex, time consuming and can be daunting for the inexperienced taxpayer. The IRS is not going to make it easy for the inexperienced taxpayer. The Offer in Compromise program can take as little as 6 months (this is rare these days) or an IRS Offer in Compromise could take up to 2 years. As a rule, you can count on an Offer in Compromise to take 13 months before it is accepted. Not all results are the same for everyone, after all, your financial numbers will be different than another taxpayer.
I am Dave Rosa, the V.P. of Client Relations at Flat Fee Tax Service, Inc. I will be conducting your free and confidential consultation. During our evaluation, we will know if you are qualified and eligible to settle with the IRS for less. Although you can negotiate with the IRS yourself, we, at Flat Fee Tax Service, Inc., do not recommend that you submit your own Offer in Compromise. The IRS will look for any reason that they can to declare your Offer in Compromise to be unprocessable. The IRS will look for any "i" that is not dotted or any "t" that is not crossed so that they can kick out your settlement.
When the IRS kicks out an Offer in Compromise as "un-processable," the IRS is not required to give you a reason for the rejection. Hence, you will need to start the process all over again. You will lose valuable time and the IRS can re-start collection activity such as executing a levy against your wages, salary, bank account or Social Security.
WHY FLAT FEE TAX SERVICE, INC. FOR YOUR OFFER in COMPROMISE:
Guided by our Christian Values
Experienced IRS Tax Attorneys
Integrity and Credibility
FLAT FEE TAX SERVICE FEES:
Flat and Fixed
No "Surprise" Additional Fees
Low Initial Retainer
Affordable Monthly Fees to Fit your Budget
THE FLAT FEE IRS SETTLEMENT TEAM - Christian Values
THE FLAT FEE IRS SETTLEMENT TEAM - No Complaints
THE FLAT FEE IRS SETTLEMENT TEAM - Positive Results