Offer in Compromise Formula: How to Settle Your Tax Debt for Less Than You Owe.

The Offer in Compromise! Otherwise known as the IRS tax settlement is probably the most talked about thing in the world when it comes to resolving IRS tax debts. You’ve seen the advertisements on TV, radio, and internet. They’re sold as a miracle solution to settle with the IRS for pennies on the dollar. But is that really the way an Offer works? Today I’m going to go over the Offer in Compromise process with actual numbers from a real taxpayer. There are three types of Offers: 1. Doubt as to Liability; 2. Effective Tax Administration, & 3. Doubt as to Collectability. With an Offer Based Upon Doubt as to Collectability you are basically saying “Yes, I owe the tax but I can’t afford to pay it and you’ll never be able to collect it from me during the 10yr time period that IRS has to collect tax debt.” If you owe back taxes to the IRS or state, you don’t have to fight it alone. I want to send you a copy of my top-selling book End the Tax Nightmare. Just go www.endthetaxnightmare.com. Enter a valid email address and we’ll send you a copy. Inside the book I’ll show you: How to stop IRS liens and levies; How to set up the payment plan you want not the one they want; and How to potentially settle your tax debt for less than the amount you owe. If you’d like help determining if you qualify for an Offer in Compromise you can schedule an appointment by going to legacytfp.as.me. You can also give us a call at 1-877-LEVYKING that’s 1-877-538-9546 again that number is 1-877-LEVYKING that’s 1-877-538-9546. 📚DO YOU QUALIFY for FRESH START🆓: https://www.levyking.com ✍SCHEDULE A CONSULTATION 📆: https://link.legacytfp.com/widget/boo... NOTE: Legacy Tax helps individuals and businesses with tax and accounting issues. Legacy Tax is not a law firm and does not offer legal services or legal advice. If you need legal services or legal advice please consult an attorney. NOTE: Tax Settlement, Tax Debt Forgiveness, and Fresh Start are terms, referring to the IRS offer and compromise (OIC) program. Not all taxpayers qualify for the OIC program. The IRS determines taxpayer qualifications. Legacy Tax makes no guarantee that any particular taxpayer will qualify for an offer in compromise or any other IRS resolution. Visit irs.gov for more on OIC qualifications.