Offer In Compromise

Caution! Do not be misled:  

Most other tax resolution firms will take $3,000.00 to $6,000.00 of your hard earned money, fill out an application and send it in to the IRS, regardless of whether or not you have a legitimate chance of qualifying for an OIC. The tax resolution firm will consider the "job" completed with the submission of the OIC and hold no further obligation to you. JG Tax Group will prepare a full financial analysis upfront to let you know if you qualify for an OIC. Even if you do not qualify for an OIC, you may still qualify for a low payment plan or even be declared as currently not collectible. With over 120 years of combined experience we know what the IRS will accept and will not accept. You should not have to spend $3,000.00 to $6,000.00 just to find out that you do not qualify for an Offer in Compromise.

When done correctly, you can settle your debt with the IRS with their Offer in Compromise program. The program allows taxpayers to settle with the IRS on tax debt that has been incorrectly assessed or for liabilities they cannot afford to pay.

The IRS Code states: "We will accept an Offer in Compromise when it is unlikely that we can collect the full amount owed and the amount you offer reasonably reflects the collection potential..." (Internal Revenue Code section 7122).

Often, it is possible to fully and completely eliminate the taxes you owe - including all penalties and interest - at an enormous discount. There is no preset bottom limit that the IRS will accept to settle your debt especially if your offer is done "right."

If done correctly, your debt may be settled for only 5-20% of what you presently owe. The key is to determine the least amount that the IRS will accept before you make the offer.