Grand Rapids Offer in Compromise Attorneys
An Offer in Compromise is an agreement between a taxpayer and the IRS that settles a tax debt for less than the full amount owed. When eligible, this process can result in substantially reduced payment on the settlement of tax debt for both individuals or business entities. IRS debt subject to a lien or levy may still be addressed through the Offer in Compromise process. You may also be able to stop the levy process while the Offer is considered by the IRS.
We can assist you with the Offer in Compromise process in order to determine whether it is an option, and if so, walk you through the process to establish an acceptable resolution. If the Offer in Compromise process does not fit your circumstances, there may be other IRS settlement options available to you. Further, should a tax debt be reflective of additional financial issues, our Firm has a depth of expertise regarding other debt relief options such as bankruptcy. Regardless of the nature of your financial situation, our Firm is well positioned to provide you with a complete understanding of your debt relief options from a global perspective.