The IRS and some states have a program that allows you to settle your tax liability for less than is owed. The IRS calls this an Offer in Compromise. If you qualify you may be able to pay less than you own. The IRS, however, isn’t known for giving gifts and very few people qualify under the stringent standards in place. Also, be aware that many companies advertise that they can settle your taxes for “pennies on the dollar” when in fact there is zero chance of getting a reduction. Contact Larson Tax Relief to learn if this option can work for you.
Contact Information
- Larson Tax Relief
- 10170 Church Ranch Way
Suite 450 - 888-589-0955
- 866-553-6996
- johnlarson@larsontaxrelief.com
The information provided on this website is for general guidance and to offer the user general information on particular subjects of interest. It is not intended to constitute legal, accounting, tax or other professional advice or services. To the extent that this site concerns tax matters, it is not intended to be used and cannot be used by a taxpayer for the purpose of avoiding penalties that may be imposed by law. For more visit our Privacy Policy page