Lipkin & Associates says:

Yes, you may, but there are things you need to know, and facts we need to know, to determine whether your circumstances warrant an Offer of Compromise.

First, you should know what an Offer of Compromise is.

An Offer of Compromise is a settlement of delinquent taxes owed for less than the full amount due. The IRS can compromise a tax based upon doubt to its liability, collectability, or for other reasons, including causing potential hardship --where collecting the tax would create economic hardship, or would be unfair and inequitable.

Clearly, a consultation with the professionals at Lipkin & Associates would be your first, critical step for this detailed procedure. And though you may hear that an Offer of Compromise is the ultimate cure for your problem, an Offer of Compromise does not always work. You must meet the IRS criteria or you will be wasting your time and money.

We have years of experience representing clients in this area, and we fully understand the IRS process. Do you qualify for an Offer of Compromise?

Call Ira Lipkin direct at 847-236-1070.