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The IRS Will Often Compromise. Let an Experienced Tax Attorney Negotiate on Your Behalf.

What is an IRS Offer in Compromise?

Our Qualified Oklahoma City Tax Attorney Explains

Another great tax relief option is an offer in compromise (OIC). If you have an insufficient income along with no assets, an OIC can essentially take away your tax debt. An offer in compromise allows you to settle your tax liability for less than the original amount you owed.

There are three bases under which an offer in compromise can be negotiated with the IRS:

  • Doubt as to collectability: The taxpayer is not able to pay the full tax debt.
  • Doubt as to liability: The taxpayer asserts that he or she does not owe the debt.
  • Effective Tax Administration: By fairness, the amount of the tax liability the taxpayer owes must be compromised, even if he or she can pay the liability in full.

Offer in compromise based on Effective Tax Administration is the least common of the three bases and are rarely accepted. We could help you determine if you qualify for an OIC.

Understanding the Process

The offer in compromise process can be a very complicated one. It involves a cornucopia of paperwork and IRS forms, a gathering of your financial records, and more. Many taxpayers get refused simply because they are missing a small portion of their offer. If you have our trusted Oklahoma City tax lawyer working with and for you, you can be sure that we will help establish that the process is thoroughly completed.

Contact Us Today - (405) 256-2619!

When you come to our firm, we can treat your case with the specific attention to detail it deserves. Our trusted Oklahoma City tax attorney handles every case personally. With more than 25 years of experience and hundreds of tax cases handled, you can be confident that your case is in great care. All of us at The Carver Law Office, PLLC work hard to end your tax nightmare and get you the results you desire.

Contact our office today to learn more. We can stand up to the IRS on your behalf!

Client Testimonials

  • “After wasting thousands of dollars by hiring some smiling television 'tax specialists', I found and retained Sherri's firm.”

    V.O.

  • “Knowing that you and your office were doing the tax work, being able to put a face to a voice, gave us a feeling of security.”

    D.K. and L.K.

  • “Her knowledge of the law and experience negotiating a settlement that was unbelievably workable for me had an immediate impact on my future.”

    J.M.

  • “One call to your office and shortly later, you got the lien released and I was on my way to my first home.”

    P.A. and Family

  • “After years of arguing with the IRS I finally found someone who listened to me and help put an end to the whole ordeal. ”

    A.U.

  • “I have my life back, and it wouldn’t have happened without the compassion, guidance and counsel of Ms. Carver.”

    P.S.

  • “We don't know which was better, you're saving us over $72,000.00 or giving us our peace of mind back. Either way, we'll take both!”

    T.R. and B.R.

  • “The idea of calling some toll free number that rang to "who knows where" didn't seem like a good idea. Your office made sure I knew what to expect and what way we were going to go to solve my problem.”

    V.F.

  • “Ms. Carver challenged the IRS on our behalf, resulting in the IRS agreeing to withdraw all of the recommended changes.”

    Jones

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