Settle Back Taxes
Are you looking to Settle Back Taxes or need tax consulting in Dallas Texas? CLG Professional Services will manage the process of negotiating federal and state tax balances down to settle for less than the full amount. Settlements are available to individuals who qualify and meet certain criteria. Be prepared to disclose all of your finances as proof is required to qualify for this tax relief.
An Offer in Compromise is an agreement that allows taxpayers to settle their tax debt for less than the full amount. Fresh Start expanded and streamlined the OIC program. The IRS now has more flexibility when analyzing a taxpayer’s ability to pay. This makes the offer program available to a larger group of taxpayers.
Generally, the IRS will accept an offer if it represents the most the agency can expect to collect within a reasonable period of time. The IRS will not accept an offer if it believes that the taxpayer can pay the amount owed in full as a lump sum or through a payment agreement. The IRS looks at several factors, including the taxpayer’s income and assets, to make a decision regarding the taxpayer’s ability to pay. Use the Offer in Compromise Pre-Qualifier tool on IRS.gov to see if you may be eligible for an OIC.
Owe Back Taxes?
CLG Professional Service can help you get out of tax debt by initiating arrangements with IRS. Taxpayers facing financial hardship have several options for tax debt relief, but it is best to be well informed. Our tax debt enrolled agent can walk you through all of your tax debt relief options to see which is best for you to get out of debt and answer all of your questions.
To schedule a FREE no obligation 30-minute consultation with one of our IRS Enrolled Agents and review your options for tax debt relief, call us at 214-383-5690, email us at firstname.lastname@example.org, or complete the contact form on the right hand of this page, and we will promptly answer your questions.