How to get tax debt relief through IRS Offer in Compromise program?
An IRS Offer in Compromise allows taxpayers to settle their tax liabilities for less than the full amount. Importantly, it is the only avenue to reduce or settle your tax debt for less than you owe. While there is a number of ways to defer and delay paying your tax debt (see also How to defer paying my taxes ? and What is IRS tax debt installment agreement?), filing offer in compromise is the only way to settle your tax debt for less. This process was enacted by US Congress many years ago, and since then, thousands of hard working taxpayers, just like you, were able to substantially reduce or, in some cases, even completely eliminated their tax debt. No matter if you want to settle federal income tax debt, employment taxes debt, trust fund portions of employment taxes or excise tax debt, etc. offer in compromise can be of help to you.
