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Offers in Compromise


An IRS Offer in Compromise allows you to cut a deal with the IRS to pay less than what you owe. However, not all taxpayers are eligible for an Offer in Compromise. We perform a thorough financial analysis to determine if you are eligible for an Offer in Compromise.

Watch out for empty promises from tax representation firms that tell you over the phone that they can get (or worse yet guarantee) an Offer in Compromise for you. Can your doctor diagnose, treat and cure a serious problem over the telephone? Of course not! A thorough financial analysis is needed to determine if you are eligible for an Offer in Compromise, just like a doctor needs to run tests to determine what is wrong. Chicago tax lawyers at IRS Trouble Solvers™ have had tremendous success in obtaining IRS Offers in Compromise for taxpayers since its inception in 1991. Warning!

An Offer in Compromise is based upon many different factors including, but not limited to, the taxpayer’s age, health, income, assets and liabilities. All of these items are factored into a mathematical model to determine the taxpayer’s eligibility for an Offer and, if eligible, the amount the IRS may be willing to accept under that Offer. There are different types of Offers in Compromise.

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