Video Tips: Tax Debt Relief with an Offer-in-Compromise

Our U.S. tax system is built on the premise that all taxpayers are expected to report their tax liabilities accurately and pay them on time. However, the Internal Revenue Code (§7122) gives the IRS the authority to “compromise” (i.e., settle based on a taxpayer’s adverse economic circumstances) a tax liability for less than its stated amount.

Share this article...

Want tax & accounting tips and insights?

Sign up for our newsletter.

I confirm this is a service inquiry and not an advertising message or solicitation. By clicking “Submit”, I acknowledge and agree to the creation of an account and to the and .

CALL US TODAY FOR A CONSULTATION!

Have Questions? Call our Naperville office at (630) 848-9340 and let us show you how our expertise can save you in the long run.

I confirm this is a service inquiry and not an advertising message or solicitation. By clicking “Submit”, I acknowledge and agree to the creation of an account and to the and .
I consent to receive SMS messages and agree with the

Get in touch

Have Questions? Call our Naperville office at (630) 848-9340 and let us show you how our expertise can save you in the long run.

1155 S Washington St, STE 101
Naperville, Illinois 60540