Though you might not know what these three terms mean, you are likely familiar with TV commercials that show individuals with tens or hundreds of thousands in tax debt having their debt magically reduced to zero. While these ads perpetuate a lot of misinformation, it is possible to alleviate what you owe and also put it into payments.
Here’s what these terms mean: With an Offer in Compromise, the IRS assesses that you don’t have the ability to pay the full amount you owe, so they lower it. If ineligible for an Offer in Compromise, you might qualify for an affordable Installment Agreement. There are also various IRS tax Payment Plans you might qualify for. Regardless of what you might qualify for, you have one chance to do this right and protect your money and other assets. That’s why you need successful experts like Schneider working on your behalf.
Schneider has repeatedly proven that we have a winning approach to helping business owners remain in business and put their IRS and Indiana tax debt behind them. With our dual financial-legal expertise, we carefully review your documents and the details of your case and then plan a strategy unique to what you need accomplished.
Experience has shown us that given a strong strategy and the right communication, the IRS is more willing to work with you. With an array of solutions, it’s a matter of finding the best option for you and letting you live your life and run your business as normal, without hardship. You can stop dealing with the IRS and we’ll take over—and take care of you.