Harmon Tax Resolution, LLC

It is possible. An IRS offer in compromise allows you to settle your tax debt for less than the full amount you owe. It may be a legitimate option if you can’t pay your full tax liability or if doing so creates a financial hardship. The IRS will consider your unique facts and circumstances based on your ability to pay within the statutory time frame. Having a tax attorney CPA – EA could go a long way toward helping determine if you are eligible and, if so, properly navigate you through the entire process. Only about 42% of offers get approved because many offers are not being completed correctly by either making errors or not utilizing the tax code fully when completing.

You have the option of dealing with your tax issues independently with the IRS; however, you will most likely incur a great deal of frustration. It often starts with the guaranteed wait time on the phone but without guarantees of a successful resolution once you finally speak to an IRS official. Tax Attorney-CPAs have available processes for going about the tax resolution processes, which will most likely lead to better outcomes with less aggravation. The tax system is complex, and a multifaceted tax attorney-CPA-IRS EA has significant training to navigate tax rules and regulations properly. If you haven’t been through that level of training and education, you are unlikely to get very far fighting penalties. Hiring a tax attorney CPA – IRS EA means you are closer to success.