Offers in compromise are extremely complex, but when successful they can save large amounts of money. It isn’t possible to make universal statements about their success or the amount of money that may be forgiven, but there are some general trends that have held true in many cases in the past.
To find out your own chances at an offer in compromise and how much one may save you, you need to schedule an appointment with a tax attorney to discuss the specifics of your situation and choose the path that is most beneficial to you and your family. In the past, many clients of Levy Tax Help have been required to pay mere pennies instead of whole dollars of their tax debt, and they have saved significant sums of money.
While it is difficult to accurately compare and consider all of the different factors that may influence the success or failure of your offer, a tax attorney has been trained to do so. If you think you may be eligible, contact an attorney today.