Offer in Compromise IRS Tax Representation

What is an offer in compromise?

An offer in compromise is an option for you to seek a settlement and pay less than you owe on your IRS tax debt.

We can help you arrange:

  • Cash Offers
  • Short-Term Deferred Payment Offers
  • Deferred Payment Offers

How do I know if I qualify?

There are few factors which determine your case in an offer in compromise. Here are two big players that stand out:

  • Annual Income—if your annual income permits repayment of the full amount of tax debt that you owe, you will not qualify for an offer in compromise.
  • Assets—if you are deemed to have assets, which through sale could cover the entirety of your tax debt, you will not qualify for an offer in compromise.

How do I measure my income and assets against my tax debt?

This is where you could use the expert advice of Huddleston Tax CPAs. We can help you determine how what you have stacks up against what you owe. Through valuation, our CPAs  will provide the informed counsel you required to successfully steer through an offer in compromise, which would save you money and restore a clarity to your financial picture, and possibly alleviate the anxiety caused by your IRS tax debt.

With the burden of a large tax debt, sometimes a person won’t always think so clearly. Yet, successful negotiations require a clarity of thought and a thoroughness. Our certified public accountants can help restore this state. We can help you move competently and confidently through an offer in compromise.

(Here is a short clip of one of our own talking about our offer in compromise guidance.)

If you’d like to discuss your unique circumstances, and the likely hood of you negotiating a successful offer in compromise, call us.

We’ve helped others throughout Yakima County. Now, let’s talk about what Huddleston Tax CPAs can do for you.

Huddleston Tax CPAs Kitsap County
Certified Public Accountants
(800) 376-1785
40 Lake Bellevue Suite 100, Bellevue, WA 98005

Kitsap CPAs, Accountants & Tax Preparers serve small business throughout Kitsap County including Bremerton, Bainbride Island, Silverdale, Port Townsend and Poulsbo. We provide tax planning, income tax preparation, Quickbooks training and consulting, business coaching, bookkeeping, payroll, business valuation, offer in compromise and IRS audit representation services for small business. Call to set an appointment. John Huddleston, J.D., LL.M., CPA, Jennifer Zhou, CPA, Tawni Berg, CPA, Jessica Chisholm, CPA or Chuck McClure, CPA. WSCPA member.