Porter Law Office LLC recently helped a client secure an approved IRS offer in compromise. The IRS accepted $500 to settle a tax debt of more than $40,000. The approved offer was a lump sum cash offer based on doubt as to collectibility (see IRM 5.8.4.3).
The taxpayer was a single, self-employed individual who rented a home and owned two cars. The taxpayer had minimal assets and was paying alimony. It took the IRS eight months after the offer in compromise was filed to approve it. We are very proud about this result and happy for the taxpayer.
An offer in compromise is a fact-specific application. Therefore, the facts and results of each case will vary. We cannot guarantee any particular result from our legal representation of any taxpayer before the IRS.
Contact an Experienced Ohio Tax Attorney
Offer in Compromise Representation | Columbus Tax Lawyer
If you owe the IRS a tax debt, contact the experienced tax lawyer at Porter Law Office, LLC to discuss your eligibility under the IRS’s offer in compromise program. Some tax debt relief companies will make promises that are simply not true. Columbus, Ohio tax attorney Matthew R. Porter, Esq. LL.M. understands that not everyone qualifies for an offer in compromise. By analyzing your reasonable collection potential, Mr. Porter will be able to determine your eligibility for an IRS collection alternative, including the offer in compromise program. Contact the experienced Columbus, Ohio tax lawyer at Porter Law Office, LLC today for a free consultation to discuss your particular IRS tax needs and options to file for an offer in compromise.