Offer in Compromise – Internal Revenue Service – Hardship Settlements – Affordable IRS Settlement Offers

An Offer in Compromise is an IRS settlement that allows a financially struggling taxpayer to settle an income tax debt for less than the full amount owed. An Offer in Compromise may be a legitimate option if the taxpayer cannot pay the full income tax liability, or doing so creates a financial hardship. The IRS must consider a taxpayer’s unique set of facts and circumstances:

  • Ability to pay;
  • Income;
  • Expenses; and
  • Asset equity.

The IRS will generally approve an offer in compromise settlement when the amount offered represents the most that the IRS can expect to collect within a reasonable period of time. The IRS will try and discourage a taxpayer. Explore all other payment options before submitting an offer in compromise. The Offer in Compromise program is not for everyone. If you hire a tax professional to help you file an offer, be sure to check his or her qualifications.

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Make sure you are eligible to settle with the IRS:

Before the IRS will consider a taxpayer’s settlement offer, the taxpayer must be current with all filing and payment requirements. You are not eligible if you are in an open bankruptcy proceeding. Call the IRS tax relief team at Flat Fee Tax Service, Inc. for your free and confidential consultation. A consultation call to our team will be the quickest way for a taxpayer to find out their qualifications for an IRS settlement.

Submit an Offer in Compromise Settlement:

A taxpayer can submit an IRS settlement on their own. It is not recommended. Presently, at the time of this writing, the IRS is accepting 40% of the settlement offers that are submitted. Most of the 40% used a tax professional. The clients who use Flat Fee Tax Service, Inc. have had a 90% success rate. 

If you are stubborn and want to do your own settlement, you will find step-by-step instructions and all the forms for submitting an offer in the Offer in Compromise Booklet, Form 656-B.  A taxpayer’s completed offer package must include:

  • Form 433-A (OIC) (individuals) or 433-B (OIC) (businesses) and all required documentation as specified on the forms;
  • Form 656(s) – individual and business tax debt (Corporation/ LLC/ Partnership) must be submitted on separate Form 656;
  • $186 application fee (non-refundable); and
  • Initial payment (non-refundable) for each Form 656.

Select payment option:

The taxpayer’s initial payment will vary based on the offer and the payment option chosen:

  • Lump Sum Cash: Submit an initial payment of 20 percent of the total offer amount with the application. Wait for written acceptance, then pay the remaining balance of the offer in five or fewer payments.
  • Periodic Payment: Submit an initial payment with the application. Continue to pay the remaining balance in monthly installments while the IRS considers the settlement offer. If accepted, continue to pay monthly until it is paid in full.

Should a financially distressed taxpayer meet the Low-Income Certification guidelines, the taxpayer does not have to send the application fee or the initial payment and the taxpayer will not need to make monthly installments during the evaluation of the offer. Check the application package for details.

You Need to Understand the Entire Process:

While a settlement offer is being evaluated:

  • The taxpayer’s non-refundable payments and fees will be applied to the income tax liability (payments can be designated to a specific tax year and tax debt);
  • A Notice of Federal Tax Lien may be filed;
  • Other collection activities  (levies) are suspended;
  • The legal assessment and collection period is extended;
  • Make all required payments associated with the settlement offer;
  • The taxpayer is not required to make payments on an existing installment agreement; and
  • The settlement offer is automatically accepted if the IRS does not make a determination within two years of the IRS receipt date.

IMPORTANT NOTE:

If a taxpayer decides to do their own Offer in Compromise, the settlement offer had better be done correctly the VERY 1st TIME. The reason is this: the IRS suspends the Statute of Limitations during the Offer in Compromise submission process. That means if the settlement offer is rejected for any reason, the IRS has extended the time to enforce collection.

DO IT RIGHT THE FIRST TIME AND AVOID A LOT OF TROUBLE

FLAT FEE TAX SERVICE, INC.:

  1. Guided by our Christian Values which is why we do not have Client Complaints.
  2. Accredited by the Better Business Bureau. A Plus Rating. Check our BBB reviews for yourself.
  3. Experienced IRS Tax Attorneys will work directly with you throughout the process.
  4. Stop, remove and release an IRS wage levy in one day.
  5. 90% of our clients who submit an IRS settlement have received a successful Offer in Compromise.
  6. Low, Affordable Fees. Fees can be stretched out over 10 to 12 months.
  7. Our clients receive positive results.

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How Much Money will the IRS Settle For? How Much will a Taxpayer Settle in an Offer in Compromise?

The average amount that the IRS settles for in an offer in compromise is currently $6,629.  Sounds good, does it not? If only an IRS settlement was that easy, every taxpayer would be submitting IRS settlements, right?

These are the facts. In 2014, the IRS received 68,000 offers in compromise from taxpayers. The IRS accepted 27,000 of those settlement offers. The IRS accepted 40% of the settlement offers submitted.

FLAT FEE TAX SERVICE, INC.’S CLIENTS HAVE A 90% SUCCESS RATE 

The total amount accepted in all Offers in Compromise in 2014 was $179 million which is an average income tax settlement of $6,629.

The above statistics do not mean that a financially struggling taxpayer will settle with the IRS for that amount, or that there is a 40% chance your IRS settlement offer will be accepted.

The IRS uses a very specific and complicated formula in determining the settlement value of an Offer in Compromise and whether or not to accept or reject it.  Your success depends on how a taxpayer fits into the IRS formula.

The IRS Offer in Compromise program formula works like this:

  1. The IRS will figure out how much they think that a taxpayer can pay them every month in an installment agreement. They do this by asking for your pay stubs or, if you are self-employed, a recent profit and loss statement from your business.
  2. The IRS wants to know about your monthly living expenses.  Some of those expenses such as your housing and utilities, car payment(s) and food/clothing will subject to IRS limitations. The IRS calls these limitations Collection Financial Standards, often referred to as allowable living expenses. The IRS is trying to create more cash flow than the struggling taxpayer will actually have by limiting the expenses to amounts the IRS thinks are reasonable.

The taxpayer’s monthly income, minus the allowable living expenses, equals the taxpayer’s monthly cash flow.  The IRS is going to put a value on the cash flow for purposes of determining the Offer in Compromise settlement value.

If the taxpayer can pay the IRS the offered settlement within five months after acceptance, the IRS values your monthly cash flow by multiplying it by a factor of 12. $200 of monthly cash flow will equate to an offered settlement valuation of $2,400.

If the taxpayer is unable to pay the settlement in full within five months, the IRS will grant you 24 months payment terms. However, your monthly cash flow ($200/month in our example) would be multiplied by a factor of 24, increasing the settlement offer to $4,800. The IRS will give the taxpayer a discount for paying the IRS the offered settlement sooner rather than later.

After determining the value of the settlement offer, the IRS will then turn to a valuation of the taxpayer’s assets, and add that to the value of your cash flow.  How much is your “stuff” worth?  Your car, house, retirement plan?  Subtract any loans to arrive at equity, and in most cases, reduce that by 20% to get to your IRS valuation.

Add your cash flow (multiplied by a factor of 12 or 24) to your asset value, and you have your proposed IRS settlement amount.

The taxpayer’s success with an offer in compromise is based on a full understanding of the IRS investigative process into the income, living expenses and assets of the taxpayer. It is not a one size fits all situation. The amount of one taxpayer’s settlement has no bearing on the success of another taxpayer.  The IRS does not have a set percentage of settlement to the amount owed.  

The taxpayer’s settlement offer depends on convincing the IRS that your financial situation is dismal and that the IRS will never get paid after applying their internal guidelines.

ARE YOU READY FOR A FRESH START?

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FLAT FEE TAX SERVICE, INC.:

  1. Guided by our Christian Values is the reason we do not have client complaints.
  2. Accredited by the Better Business Bureau. A Plus Rating. Check our testimonials on the BBB website.
  3. Experienced IRS Income Tax Attorneys work directly with you.
  4. Stop, Remove, Release an IRS wage levy in one (1) day.
  5. 90% of our clients who have submitted an IRS Offer in Compromise has received a successful IRS settlement.
  6. Low, Affordable Fees. 10 to 12 months to pay our fees.
  7. Our Clients Receive Positive Results.

“America’s Best & Most Affordable IRS Income Tax Relief Team”

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What Do You Do If You Owe the IRS Money? You Call Flat Fee Tax Service

It’s that time of year. You have completed your income tax return. You sent your income tax return to the IRS without a check attached. You have done what you can to eliminate your income tax debt. But, you still owe money to the Internal Revenue Service (IRS) and you don’t have enough money to pay the IRS.

What are your options?

A lot of people who owe money to the IRS think they can file an extension and pay their taxes at a later date. MEMO TO YOU: your taxes are due April 15. An extension is only an extension of time to file your income tax return. It is not an extension of time to pay. An extension will stop the IRS from charging you a failure-to-file penalty, but your taxes are due by midnight April 15.

If you owe the IRS money, you are supposed to calculate the amount you owe and pay it with your extension. Fortunately, you have some options if you can’t pay the IRS in full. You could pay the IRS in installments by filling out Form 9465, which gives you up to 72 months to pay your taxes. However, when you file this form you are making a deal with the IRS and hurting yourself. The IRS has 10 years from the date that a tax is assessed to collect the money that is owed. This is known as the statute of limitations. If you ask to pay in installments, this adds two years to the statute of limitations. In addition, by using this option you are agreeing that when you file your next return, you will file on time, and pay any taxes that are due. If you don’t, it will nullify your installment arrangement, and the IRS will aggressively pursue the balance owed. Penalties and interest will be tacked onto the amount. Interest accrues daily, and the penalties are pretty high. Your past due income tax debt will double in approximately 4 years.

If you owe the IRS a lot of money ($10,000 or more) and don’t have many assets, another option is to ask for an Offer in Compromise settlement. An Offer in Compromise means you pay less money than you owe in conjunction with the IRS compromising on the debt. For instance, if you owe $25,000 but have no assets and no ability to pay the full amount, you can offer the IRS a reduced amount. At the time of this writing, about 42% of all such settlement offers filed are accepted.

Keep in mind that in order to file an IRS Offer in Compromise, you have to give up a lot of personal information, including bank account numbers, retirement plan information, and information about all of your assets. Filing an Offer in Compromise will extend the statute of limitations by the time that the offer was pending, plus 30 days. The IRS typically takes six to 12 months to investigate an offer of settlement. Unless you owe payroll taxes, nobody will put you in jail for not paying income taxes. However, owing the Internal Revenue Service (IRS) is not pretty. The penalties are steep, and the interest is compounded daily. Like getting a loan from your local loan-shark, owing money to the IRS means you have to pay up. You won’t forget about the debt, and you can be sure it won’t either.

90% of Our Clients have Received a Successful Offer in Compromise Settlement

Are You Eligible?

CALL: 1-800-589-3078

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FIND OUT!

FLAT FEE TAX SERVICE, INC.:

  1. Guided by our Christian Values. That is why we do not have Client Complaints.
  2. Accredited by the Better Business Bureau. A Plus Rating. Check out our BBB testimonials for yourself.
  3. Experienced IRS Tax Attorneys work directly with you.
  4. IRS Wage Levies stopped and released in 1 day.
  5. 90% of our Clients have received successful IRS Settlements.
  6. Low Affordable Fees. Fees can be stretched out over 10 to 12 months.
  7. Our Clients Get Positive Results.

Flat Fee Tax Service, Inc. – The Original Flat Fee Tax Resolution Company

Every IRS tax resolution company wants to pretend to be Flat Fee Tax Service, Inc. Our IRS tax relief team invented the “one low affordable fee” so that financially struggling, distressed taxpayers can afford the IRS tax help that they need and deserve. Years ago, we decided to post our fees on our websites for all of the world to see and view. Of course, our competitors took notice. They didn’t like the fact that Flat Fee Tax Service, Inc. has been providing low affordable fees that taxpayers can afford. Our competitors also do not like the fact we thoroughly explain why are fees are as low and affordable as they are.

Our team of IRS tax professionals will evaluate your situation during our free and confidential consultation. Our IRS tax relief team will tirelessly work to achieve the best possible outcome for your case. We will custom build an IRS tax resolution strategy that will best fit your needs. If you are qualified eligible, our team will prepare, submit and negotiate an Offer in Compromise with the IRS, and work to get the best settlement available to save your hard-earned dollars. We will pretty much know if you qualify for an IRS settlement through the IRS Offer in Compromise program after we have our consultation with you.

For most of our clients, they come to us in need of some serious help because they are experiencing an IRS levy. Our clients need the IRS levy stopped and avoided as well need to get their lives and their businesses back on track. Flat Fee Tax Service, Inc. specializes in stopping and avoiding an IRS Levy. Our team of IRS tax professionals also prepare to miss, unfiled tax returns as well as Penalty Abatement’s, Installment Agreements and placing taxpayers into Currently Uncollectable status.

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Flat Fee Tax Service, Inc. guarantees to stop an IRS levy on your wages. Our IRS tax resolution team will evaluate and put a plan in place and execute on our plan so that you can be free of IRS interference. Our team of IRS tax professionals has seen every conceivable IRS problem. Most of our clients have come close to losing everything from their life savings to their families. We’re here to help you get your life back on the right tax track quickly and efficiently.

• IRS Settlements through the Offer in Compromise program
• Financial Documentation preparation so your missing tax returns can be prepared
• Asset Protection – Stop and Avoid an IRS Levy

YOUR ACTION PLAN

Contact Flat Fee Tax Service, Inc. for your free and confidential IRS income tax debt consultation and find out if you qualify for an IRS settlement.

FLAT FEE TAX SERVICE, INC.:

  1. Guided by our Christian Values which is why we do not have client complaints.
  2. Accredited by the Better Business Bureau. A Plus Rating.
  3. Check out our BBB reviews by Googling us.
  4. Experienced IRS Tax Attorneys work directly with you.
  5. IRS Wage Levies Stopped in one (1) day.
  6. 90% of our clients who submit an IRS Settlement received a Successful IRS Offer in Compromise.
  7. Our clients get Positive Results.

Offer in Compromise with the IRS. Get started today and take control of your life.        Start your life again.

IRS Enforcement Collection Activity – IRS Levies – IRS Levy Stopped, Released and Avoided

Most of our clients at Flat Fee Tax Service, Inc. never intended for their income tax debt problem to get this far. When they file their tax returns in April, they always think, “I’ll pay this off in a month or two.” Like many Americans who are financially struggling, their good intentions fell by the wayside as other urgent financial obligations arose and his unpaid balance at the IRS remained unpaid longer than they intended it to. The IRS has sent out their notices, but most taxpayers either still believe they had time (the notice said so!) or that the IRS may miraculously forget the tax debt. The IRS has a progression of enforcement/collection notices. IRS notices are sent in an order. Those IRS notices will get more serious, and you will finally realize the IRS is very serious about the liens and levies being threatened in the notices. Most taxpayers in this very serious situation will not know what to do.

Every year, millions of Americans experience federal tax liens and levies (bank and wages). The good news is that if you’re like the 20,000,000 other taxpayers with an IRS problem and you’re facing this unpleasant situation, you can avoid IRS collection actions.

How the IRS Issues Levies:

To satisfy unpaid taxes, the IRS will issue a levy to take a taxpayer’s income and assets. Income and assets can be: wages, paychecks, stocks, bonds, checking accounts, savings accounts, Social Security and Veteran’s pensions. The process follows several steps. First, the IRS is required by law to provide the taxpayer with:

  • Notice and demand for payment
  • Notice of intent to levy
  • Notice of a right to a Collection Due Process

THESE NOTICES CAN BE SENT TO ANY ADDRESS THAT THE IRS HAS ON FILE FOR YOU.

YOU MAY NEVER HAVE RECEIVED ANY NOTICE AT ALL.

For most taxpayers, the IRS accomplishes these requirements by sending five letters, starting about six weeks after the taxpayer files a return. The five letters are often referred to as the automated collection “notice stream” (notice numbers CP14, CP501, CP503, CP504, and L1058/LT11). If the delinquent taxpayer receives the last notice and doesn’t pay the balance or make other arrangements to pay the balance, the IRS can levy the taxpayer’s income and assets, including garnishing wages and/or self-employment income and seizing funds in bank accounts. In 2012 alone, the IRS issued almost 3 million levies to taxpayers.

How to Have an IRS Levy Stopped, Released and Avoided:

If you know you owe the IRS for an income tax balance (meaning the IRS didn’t make a mistake, you filed the return correctly, and the balance can’t be reduced by filing an amendment), there is one way to avoid a levy, and it’s the same way to remove the levy: Get into an agreement with the IRS to pay the balance.

This means you’ll need to analyze your financial situation and ability to pay the IRS. In some cases, you may need to get help from a tax professional.

One simple, common solution is an extension of time to pay the balance in full. Extensions allow you up to 120 days to pay the balance and avoid a levy.

BEFORE YOU GET YOURSELF INTO AN EXTENSION, CONSULT WITH AN IRS TAX PROFESSIONAL.

If you can’t pay for an extension, you can request an installment agreement to make monthly payments, or you can request currently not collectible status, which officially classifies you as temporarily unable to pay. Requests for both of these agreements will suspend levy actions. Once the installment agreement is accepted, the IRS will not issue a levy unless you default on the agreement. If the IRS places you in currently not collectible status, your assets won’t be levied; however, be aware that the IRS can remove the currently not collectible status in the future if the IRS determines that you can pay the tax balance.

BEFORE YOU GET YOURSELF INTO AN INSTALLMENT AGREEMENT

CONSULT AN IRS TAX PROFESSIONAL

The IRS offer in compromise (OIC) is a collection alternative that settles a taxpayer’s tax debt for less than the amount owed, and it also suspends levy actions. IRS Offer in Compromise (OIC) acceptance not as rare as in previous years. Currently, the IRS has been accepting 46% of the settlement offers submitted.

90% of Flat Fee Tax Service, Inc.’s Clients Have Had A Successful

Offer in Compromise.

Financially struggling taxpayers need to contact a reputable IRS Tax Professional to see if they are qualified and eligible to settle with the IRS for less. Have your IRS settlement prepared by an experienced IRS Tax Professional because if the IRS rejects your settlement offer, you’ll need to set up an alternative agreement to avoid a levy.

It’s important to note that if the IRS determines that you are purposely delaying the collection process, the IRS can use liens and/or levies even while it considers your request for a collection alternative. This often happens when a taxpayer has multiple tax years with an unpaid balance or has requested numerous collection agreements that the IRS has denied.

YOUR CALL TO ACTION:

1-800-589-3078

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FLAT FEE TAX SERVICE, INC.:

  1. Guided by our Christian Values.
  2. Accredited by the Better Business Bureau. A Plus Rating.
  3. No Client Complaints.
  4. Experienced IRS Tax Attorneys Work Directly with You.
  5. IRS Levies can be Stopped in a matter of Hours.
  6. 90% of our clients Offer in Compromise submissions have been accepted for IRS Settlement.
  7. We have Low, Affordable Fees. Fees are Clearly Posted on our Websites.
  8. Our Clients get Positive Results.

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Flat Fee IRS Tax Relief – Affordable IRS Levy Help: IRS Offer in Compromise Help – Flat Fee Tax Service – The Affordable Tax Relief Team

Flat Fee IRS Tax Relief – Affordable IRS Levy Help: IRS Offer in Compromise Help – Flat Fee Tax Service – The Affordable Tax Relief Team.

St. Louis Missouri IRS Tax Settlement – Another Successful Flat Fee Tax Service IRS Offer in Compromise

The IRS tax relief team at Flat Fee Tax Service, Inc. has done it again. It is with great pleasurethat we have the pleasure to announce the IRS has accepted that our client, Peter M. of St. Louis, Missouri has settled his IRS tax debt of $35,000 for a grand total of $100.00.

THAT’S RIGHT!

An IRS Offer in Compromise settlement for $100.00 on a tax debt of $35,000.00.

THAT’S WHAT WE CALL A “FRESH START.”

Peter M. of St. Louis, Missouri contacted us at Flat Fee Tax Service, Inc. like all of our clients do. Filled with anxiety. Fearing an IRS Levy. Fear that the IRS will take everything and he may have to leave his job because he simply can’t afford an IRS levy.

The IRS may have already started taking your paycheck or your bank account.

NOT EVERYONE IS ELIGIBLE TO SETTLE WITH THE IRS.

If you call us at Flat Fee Tax Service, Inc. we can determine during our free and confidential consultation if you are eligible and qualified to settle with the IRS for less.

An Offer in Compromise settlement with the IRS allows you to settle whatever tax debt you might have for less than the full amount owed. An Offer in Compromise settlement is a legitimate option if you cannot pay your full tax liability or if doing so would create a financial hardship. The IRS considers the following circumstances and facts when you file an Offer in Compromise: your ability to pay, your income, any expenses, and asset equity.

In order to be eligible for an Offer in Compromise, you must be current with all filing and payment requirements. The IRS generally approves these settlement offers when the amount offered is the most they could expect to collect in a reasonable amount of time. There are other rules and regulations surrounding the eligibility of taxpayers to file an Offer in Compromise, which are explained below.

You Can Receive a Fresh Start.

An IRS Offer in Compromise is not a negotiation as you would “haggle” with a vendor or credit card company. The IRS has a financial formula that is used to determine a struggling taxpayers ability to pay their tax debt.

Monthly cash flow is considered to be the ability of cash to come in and be expended on a monthly basis. Form 433-A requires all taxpayers to calculate a few things in regards to their monthly cash flow. First, taxpayers must calculate and outline all categories of monthly income, and specify whether they were generated as wages or through investment distribution, then calculate all categories of expenses which pertain to necessary living. To find the net difference, subtract total living expenses from total income, and you have an idea of your monthly cash flow specific to your income and living expenses.

YOUR PAPER WORK MUST BE DONE CORRECTLY.

YOUR SETTLEMENT OFFER MUST BE “RIGHT ON THE MONEY.”

If you turn in your Offer in Compromise paper work with mistakes of any kind, the IRS will reject your settlement Offer and return it to you and call it “unprocessable.”

The IRS will not tell you what your mistake was and you will have to start the settlement procedure all over again.

DO IT RIGHT THE FIRST TIME.

The IRS Offer in Compromise process takes approximately one (1) year to complete.

GREAT NEWS!

90% of the IRS Offer in Compromise submissions prepared by the IRS tax relief team at Flat Fee Tax Service, Inc. have been successfully accepted by the IRS.

OUR FEES:

$1900 for an IRS Offer in Compromise settlement which includes release of an IRS Levy.

FEES ARE AFFORDABLE:

1. Initial fee to start: $300.00
2. 8 monthly fee payments of $200.00
3. Total of: $1900.00

Peter M. of St. Louis, Missouri paid the affordable IRS tax relief team at Flat Fee Tax Service, Inc. $1900.00 and settled his IRS tax debt of $35,000.00 for $100.00.

PETER M. MADE THE RIGHT CHOICE.

PETER M. HIRED THE BEST.

PETER M. HIRED FLAT FEE TAX SERVICE, INC.

WILL YOU?

Call for your free and confidential consultation: 1-888-875-4506

FLAT FEE TAX SERVICE, INC.:

1. Guided by our Christian Values.
2. Fully Accredited by the Better Business Bureau.
3. No Client Complaints
4. 90% Offer in Compromise Success Rate.
5. IRS Wage Levies Stopped and Released in One (1) Day.
6. Experienced IRS Tax Attorneys.
7. Affordable Fees.
8. Positive Results.

Visit Our Website: http://www.flatfeetaxservice.org

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Get Your IRS Problem Right – Understanding the IRS Offer in Compromise Program

If you are a financially struggling taxpayer, one of the most stressful financial situations you may face is lacking the funds to pay their outstanding tax bills. Many people, who have a back tax debt with the IRS, understand that tax liabilities supersede all other types of debt and that the federal government (IRS) has the ability to levy and garnish your wages and impose tax liens on those who let their back tax bill go unpaid.

THE IRS ISSUES 3,000,000 (3 MILLION) LEVIES EVERY YEAR.

An offer in compromise is a settlement agreement between the IRS and a financially struggling taxpayer (that would be you) that allows you to pay a lesser amount than what you truly owe. For example, Flat Fee Tax Service, Inc. has clients that paid as little as $100 on tax debts of $25,000.

NOT EVERY SETTLEMENT IS THE SAME.

THE FINANCIAL FORMULA IS THE SAME.

The IRS Offer in Compromise program is based on a complicated financial formula. Your financial data will not be exactly as it is for someone else, but, the formula is the same.

The IRS Offer in Compromise program is as close to ideal as you, the financially struggling taxpayer will get. It’s important to know how the IRS assesses an individual’s ability to qualify for the settlement plan and what the taxpayer’s responsibilities will be after acceptance of your Offered settlement.

Generally, the IRS will only extend these Offer in Compromise plans to those who are deemed unable to make a full lump sum payment or carry a liability that is too high to enroll in a payment plan. Therefore, those who owe small amounts (less than $10,000) are unlikely to qualify. Recently, the IRS relaxed its standards to offer more flexibility to taxpayers. The expanded Offer in Compromise program is called the IRS Fresh Start Initiative. The Fresh Start Initiative has made it easier for struggling taxpayers to be accepted.

The IRS, typically, only accepts 34 percent of applications for the program.

WHY IS THAT?

The IRS wants and needs to collect money. Therefore, the IRS will look for any reason to reject an Offer in Compromise. Taxpayers who try and save a few dollars, rather than have a proven tax resolution company prepare the documents, will usually make an error. When you submit a flawed Offer in Compromise, the IRS will return it to you and label it as “unprocessable.” The IRS will not tell you why they rejected your settlement offer.

GREAT NEWS!

GREAT NEWS

FLAT FEE TAX SERVICE, INC. CLIENTS HAVE HAD A 90% SUCCESS RATE.

The IRS Tax Relief Team at Flat Fee Tax Service, Inc. will only submit settlement offers that we feel will be accepted by the IRS.

We can determine whether or not you are qualified and eligible to settle with the IRS for less during our initial consultation. Although the tax agency may accept a smaller amount than what is owed, they will never accept zero dollars. Our clients have paid as little as $100. The IRS will also consider mitigating circumstances that may affect how much you can feasibly pay. For example, if a couple has a child with special needs who cut into a large portion of their income, the IRS may take these costs into consideration when negotiating a payoff amount. The same is true if taxpayers themselves have chronic illnesses or health issues that may hinder their finances or ability to make payments.

FIND OUT IF YOU CAN SETTLE WITH THE IRS.

CALL: 1-800-589-3078

FLAT FEE TAX SERVICE, INC. FREE AND CONFIDENTIAL CONSULTATION.

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FLAT FEE TAX RESOLUTION: IRS TAX SOLUTIONS — How to Stop a Tax Levy — File for a Offer in Compromise

FLAT FEE TAX RESOLUTION: IRS TAX SOLUTIONS — How to Stop a Tax Levy — File for a Offer in Compromise.

FLAT FEE TAX RESOLUTION: IRS GOV — IRS Problems Solved — Offer in Compromise — Settle with the IRS for Less

FLAT FEE TAX RESOLUTION: IRS GOV — IRS Problems Solved — Offer in Compromise — Settle with the IRS for Less.