Gahanna Ohio Offers In Compromise Attorney
Do you owe back IRS taxes which are overdue and are more than you can possibly pay? In some situations there is a solution which allows a taxpayer to eliminate their IRS debt in full by settling for an amount they can reasonably handle.
"Offers in Compromise" (OIC) acknowledge that you do owe the IRS a debt which you are unable to pay, while offering a specific amount to release that debt in full and solve the problem. Most of these offers are flat rejected by the IRS, or the agency might counter-offer with a number they believe to be fair. This process can take months, and many times you have invested hours of time and thousands of dollars only to find that an offer in compromise will not be a realistic solution to your tax challenge. To be successful at securing an offer in compromise, one must do more than fill out forms.
Contact an Experienced IRS Offers In Compromise Attorney
Call Terri Johnson at 614-476-7666
I am Gahanna, Ohio tax attorney Terri Johnson, and I have more than 20 years of legal experience. I have successfully resolved tax issues for clients with a wide range of problems, and understand the types of cases which have a good chance of being resolved with an offer in compromise. There are times where it will not be in your personal interest to choose this specific strategy, and others where an offer in compromise has little or no chance of succeeding. I strive to help my clients to understand the basics of an offer in compromise and what is required of them.
An offer in compromise (oic) requires a comprehensive financial analysis. The offer is based on income, allowable expenses and the current net value of your assets. Most people believe that all of their monthly expenses are allowable, but many (such as credit card payments) are not.
By examining your case and understanding what the IRS is looking for, I am able to realistically present your options for paying back taxes. I invite you to contact me to begin to discuss your problem and perhaps schedule an appointment to review your personal circumstances and make recommendations. I will take the time to carefully gain an understanding of your unique situation, and give you a candid assessment of the steps we can take to put this problem behind you and move forward.
