If you’re struggling with a significant tax debt that you cannot pay in full, an Offer-In-Compromise (OIC) may provide a viable solution. The MHP Accountant specializes in assisting individuals and businesses in negotiating Offers-In-Compromise with the IRS. Our experienced tax professionals will work closely with you to determine your eligibility for an OIC and guide you through the application process.

What is an Offer-In-Compromise?

An Offer-In-Compromise is an agreement between a taxpayer and the IRS that settles the tax debt for less than the full amount owed. It allows eligible taxpayers to make a reasonable offer based on their ability to pay and the IRS’s assessment of their financial situation. If accepted, the taxpayer can settle their tax debt and achieve a fresh start.

Our Offers-In-Compromise Services

Our Offers-In-Compromise services include:

• Eligibility Assessment: We’ll evaluate your financial situation, considering your income, expenses, assets, and liabilities, to determine your eligibility for an Offer-In-Compromise. Our experts will assess your ability to pay and guide you through decision-making.
• Offer Preparation and Submission: If you’re eligible for an Offer-In-Compromise, we’ll assist you in preparing and submitting the necessary documentation to the IRS. Our team will ensure that your offer is comprehensive, accurate, and supported by all relevant financial information.
• Negotiations with the IRS: We’ll represent you throughout the negotiation process with the IRS. Our experts will advocate for accepting your offer, provide additional information or supporting documents as required, and communicate with the IRS on your behalf.
• Appeals and Reconsideration: If the IRS rejects or counters your initial offer, we can help you with the appeals and reconsideration process. Our team will analyze the IRS’s response, develop a strong case, and present arguments to support the acceptance of your offer.

Expert Guidance and Support

Navigating the Offers-In-Compromise process can be complex and requires a thorough understanding of tax laws and IRS procedures. Our experienced tax professionals have the expertise to guide you through the process, maximize your chances of success, and help you achieve the best possible outcome.

Start Fresh with an Offer-In-Compromise

Take control of your tax debt and start fresh with an Offer-In-Compromise. Contact The MHP Accountant today to schedule a consultation with our experienced tax professionals. Let us assess your eligibility, guide you through the application process, and help you negotiate with the IRS for a favorable resolution.