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IRS Offer in Compromise
An Offer in Compromise is how you legally settle your IRS tax debt for less than the full amount owed. It is real. It works. But it’s not easy, and most people who apply on their own get denied.
The IRS approves an Offer in Compromise only when the numbers show they are unlikely to collect the full balance within the legal collection period. This comes down to one thing: your reasonable collection potential. In plain English, what the IRS believes it can realistically get from you through income and assets.
If the math supports it, we pursue it aggressively.
At Keeton Tax Law PLLC, we represent Nevada individuals and business owners seeking IRS tax debt settlement through the Offer in Compromise program. We do not submit offers hoping for sympathy but rather build them on documented financial analysis and a winning strategy.
We handle every step of the process, including:
Conducting a thorough financial analysis
Determining eligibility under IRS hardship standards
Preparing and submitting all forms and supporting documentation
Negotiating directly with the IRS Offer in Compromise unit
Responding to IRS inquiries and defending the offer if challenged
Appealing the process if we believe the IRS got the wrong result
An Offer in Compromise is not about asking the IRS to be generous. Rather, It’s about proving, with documentation and calculation, that accepting less now makes more sense than chasing you for years.
It’s also not for everyone. If you have the ability to pay through an installment agreement, the IRS will expect you to do so. If your income is too high or assets too liquid, an offer will likely be rejected, but you may still qualify for currently not collectible status.
Talk to a Las Vegas Tax Attorney who handles IRS Offers in Compromise
It gets tricky. If you’re dealing with the IRS, getting clear answers early can make a significant difference in how your case is resolved. Whether you’ve received a notice, are facing collections, or simply want to understand your options, we’re here to help.
Contact Keeton Tax Law PLLC to speak directly with attorney Chandler R. Keeton about your situation. Call 702-530-9709 or use the contact form to schedule a confidential consultation.