Did you know that you can settle your debt with the IRS for just pennies on the
dollar with their Offer in Compromise program? The program allows taxpayers to settle with the IRS on tax debt that
has been incorrectly assessed or for liabilities they cannot afford to pay.
The IRS Code states: "We will accept an Offer in Compromise when it is unlikely that we can collect the
full amount owed and the amount you offer reasonably reflects the collection potential..." (Internal Revenue Code
section 7122).
Often it is possible to fully and completely eliminate the taxes you owe - including all penalties and
interest - at an enormous discount. There is no preset bottom limit that the IRS will accept to settle your debt
especially if your offer is done "right."
If done correctly your debt may be settled for only 5-15% of what you presently owe. The key is to determine
the least amount that the IRS will accept from you before you make the offer.
Get a Free Consultation on the solutions to your tax problems by completing the form on the bottom of this page.
Vikas Garg, CPA
CPA, FCA, CA-ISA, CMA
Certified Public Acountant Office: 100 Carpenter Dr Ste 203, Sterling VA 20164 Home Office: 43139 Royal Fern Ter, Broadlands, VA, 20148
Email: vikas@vgcpainc.com
Phone: (703)880-8412 / M: (703)475-5774 / Mobile: (703)475-2793
Fax: (703) 564-5582
