The IRS offers a program called “Offer in compromise” where under certain circumstances, a taxpayer and the internal revenue service settles a taxpayer’s liabilities for less than the full amount owed. The IRS uses a tool called the RCP to measure the taxpayer’s ability to pay. Although the IRS does not actively market this program, it is legal and available for those who qualify.
If you think you won’t be able to file on time, we can help you apply for an extension. If you do not ask for an extension, fines and interest will be owed to the IRS. Do not let this happen to you. Contact us so we can save you time and money!