IRS Tax Resolutions Attorney In Texas
What is an Offer in Compromise and How Can A Lawyer Help?
An Offer in Compromise (OIC) is a tax debt settlement mechanism granted by the IRS for those individuals or businesses unable to meet their complete tax obligations. This provision allows taxpayers the chance to resolve their tax debt for a lesser amount, ushering in a new beginning with their taxes. The IRS takes into account elements like income, expenditures, and asset equity when considering eligibility for an OIC application. By joining forces with a seasoned attorney at J. Gannon Helstowski Law Firm in Texas, you can be confident that your offer in compromise is managed correctly and that you attain an optimal outcome.
Call J. Gannon Helstowski Law Firm at 817-382-3125 to schedule a consultation with a lawyer today.
Understanding the Process of Applying
Navigating through the intricacies of a foreclosure defense requires a deep understanding and careful preparation. At J. Gannon Helstowski Law Firm in Texas, we support our clients by efficiently preparing and managing the required documentation, which includes Form 433-A for individuals or Form 433-B for businesses, Form 656(s), along with an application fee and the initial payment. Our team assists clients in understanding various payment options, whether that be lump sum cash or periodic payments, and ensuring the right choice is made. In case there's a discrepancy or a challenge in getting the application approved initially, we also guide our clients through the appeal process and even liaising with the IRS Office of Appeals. With us by your side, you can rest assured that your paperwork will be handled accurately, and your every query will be responded to adequately at every step of the way.
Receiving Assistance on Your Rejected Offer
If your offer in compromise is dismissed by the IRS, you have a 30-day window to lodge an appeal using Form 13711 PDF. This form facilitates you in stating the reasons why your initial offer ought to be accepted and to furnish further data or details that could boost the chances of your application's approval. Drawing on an array of experiences in dealing with such demands, the J. Gannon Helstowski Law Firm in Texas can guide you through this process to ensure your financial situation is accurately portrayed in your appeal. Contact J. Gannon Helstowski Law Firm today to consult with one of our seasoned attorneys.
Have Questions?
Call J. Gannon Helstowski Law Firm at 817-382-3125 today to speak to an attorney.