Services: Offer in Compromise: Doubt As To Collectibility
Resolving IRS Problems – Offer in Compromise
If a taxpayer cannot pay his tax liability in full, he or she may be eligible for an Offer in Compromise based upon Doubt as to Collectibility, thereby avoiding an unpaid tax liability and IRS interest and penalties.
A thorough financial analysis of the taxpayer is performed to determine whether the taxpayer is eligible for this type of Offer. If eligible, we determine the general dollar range that the IRS may be willing to accept to cover the tax liability. This program is an effective way to eliminate one's tax liability and avoid unpaid tax and accruing IRS interest and penalties for pennies on the dollar.
Patrick T. Sheehan & Associates, Attorneys at Law, P.C. is well suited to determine your eligibility for an Offer in Compromise and to file one for you. If you are interested in determining if you are eligible for a Doubt as to Collectibility Offer in Compromise to avoid future tax problems, please call us. Or, learn more about Doubt as to Liability or Effective Tax Administration (“Hardship”) Offers in Compromise.