Tax Solutions | Offers in Compromise | Larry Heinkel Tax Problem Solver

Offers in Compromise

Many people have heard about the IRS' "Offers in Compromise" program, but it is very misunderstood.

Not a give-away program
Be aware of scam artists promising "guaranteed results" and "pennies-on-the dollar" settlements
If you have the ability to pay within statute of limitations, IRS will not settle for less
Ability to pay based on equity in assets plus present value of your monthly ability to pay
A “rough” OIC determination included free with game plan

Offers based on doubt as to liability

Used when taxpayer believes amount of tax debt is incorrect
Example: Statute of limitations has expired on the taxpayer's ability to file an amended return.
Should be submitted with the assistance of a qualified tax professional.

Offers based on doubt as to collectibility

Used when tax debt is correct but taxpayer is not able to pay
If you offer more than IRS determines it will ever be able to collect, IRS may be willing to settle
Any good representative can make a rough estimate at your initial meeting; don’t pay thousands of dollars in fees to someone without that determination made up front
Tax Problem Solver, Inc. can review your OIC paperwork before you pay someone

CAUTION: Filing an offer in compromise extends the statute of limitations on collections if not accepted. Further, if your offer is accepted, you will be on a 5-year probationary period.

We know the answers and we can help solve your tax problems!
Contact us now to get your life back.

In Orlando-Daytona-Melbourne:

In Tampa Bay:

In Sarasota to Ft. Myers:

407.629.5923

727.894.2099 or 813.600.5889

941.870.4318

Contact us by Email

Tell us a little about your situation:

Tampa Bay Office: 111 - 2nd Avenue N.E. • Suite 900 • St. Petersburg, Florida 33701 Phone: 727-894-2099 • Fax: 727-565-4992

Central Florida Meeting Location: 1800 Pembrook Drive Suite Maitland, FL 32810 (NOTE: This is not a mailing address) • Phone: 407-629-5923 • Fax: 727-565-4992
Appointments available in south Orlando and Maitland

Disclaimer: The purpose of this site is to present options available for resolving outstanding debt issues, not to provide legal or professional advice. Each person's case is fact dependent. You should not assume that any particular option discussed herein would apply in your case or be beneficial to you. You should consult with an experienced and licensed attorney to review the options that may be applicable to your fact pattern. Sending us an email or requesting information does not create an attorney-client relationship.

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