The IRS can reduce the amount of debt you owe. This is accomplished by negotiating a settlement with the IRS, a prospect which is, as you may imagine, not easily accomplished. There are strict rules and procedures which the paperwork, documentation and negotiation strategies must follow. Incorrectly filled out paperwork, even in a trivial detail, can cause your request to settle to fail. Click Here For Reduce IRS Debt!
These settlements are called offers in compromise. Basically you are asking the IRS to reduce your tax debt to an amount you will be able to pay. You will need to provide the IRS with extensive financial information about yourself. All of this information must be correctly calculated and backed up by the appropriate documentation. Any flaw in your information or format can cause the IRS to refuse to reduce your debt.
Hire Professionals to Reduce Your IRS Debt
For this reason, it is recommended that you hire tax professionals to help you. Qualified tax professionals such as our Tax Tiger team know exactly what information to provide to the IRS and how to provide it. Our tax professionals have the experience to ensure that every aspect of your offer in compromise scrupulously follows IRS procedure.
Once all of your information and documentation have been accepted by the IRS, negotiation begins. Saying the wrong thing to the IRS during negotiations can cause the IRS to refuse to reduce your debt. Tax Tiger attorneys have nearly 50 combined years of negotiating with the IRS. Allowing them to negotiate for you dramatically increases the chance that the IRS will reduce your debt. You can discuss settlement to reduce your IRS debt during a free confidential consultation with our Tax Tiger specialists.
