One way the IRS allows someone to settle their tax debt for less than the full amount is through an offer in compromise. When paying off a tax debt creates financial problems, the IRS will look at your ability to pay back the taxes by examining your income, expenses and all your assets. The IRS is willing to accept less than the full amount if the alternative is leaving someone in financial ruin. There are certain steps someone must follow when filing an offer in compromise and having the right attorney can make a big difference. A skilled tax lawyer can help you through every phase of the process.
A tax lawyer like Ross Greenberg at the Greenberg Law Group, P.A. has plenty of experience negotiating offers in compromise with the IRS. You would be surprised how flexible the IRS can be when you have a good lawyer representing you. Call the Greenberg Law Group today for more information about how a tax attorney can assist with your case.