Offer in Compromise IRS Tax Representation

An offer in compromise is a settlement of your tax debt for less than the original balance. Huddleston Tax CPAs can help you make the most of your offer and compromise settlement. There are many circumstances where you can settle your IRS tax debt for less. The IRS will settle for less than the original balance of debt, when it is clearly established that you are not able to honor the debt.

How do I know if I qualify for an offer in compromise?

Proceeding successfully through an offer in compromise is dependent upon successfully valuing your worth (income, and assets) versus your outstanding IRS tax debt. If you have an income that is (in the eyes of the IRS) capable of clearing the full balance of your debt, or if you have assets that could through sale pay the full of your debt you will not qualify for an offer in compromise. A trusted adviser, can help guide you successfully through an offer in compromise, so that you obtain the maximum benefit through the process.

We can help you go after:

  • Cash Offers–we can help you effectively reduce your debt
  • Short-Term Deferred Payment Offers–we can help you effectively reduce your debt
  • Deferred Payment Offers–we can help you effectively reduce your debt

 

Call us.

We’ll discuss your options and get you up to speed. Seeking offer in compromise debt relief need not be so stressful, we’re experienced in the process and can help elevate some of the uncertainty and stress surrounding the IRS debt compromise.

We’re proud to serve businesses in Woodinville, WA.

  • Huddleston Tax CPAs – Woodinville, WA
    Certified Public Accountants Focused on Small Business
    11335 NE 122nd Way, Suite 105 Kirkland, WA 98034
    425-242-3810

    Huddleston Tax CPAs & accountants provide tax preparation, tax planning, business coaching,
    QuickBooks consulting, bookkeeping, payroll, offer in compromise debt relief, and business valuation services for small business.

    We serve Bothell, Kenmore, Morningside, and communities throughout WA. We have a few meeting locations. Call to meet John C. Huddleston, J.D., LL.M., CPA, Lance Hulbert, CPA, James Park, CPA, Jennifer Zhou, CPA, or Jessica Chisholm, CPA. Member WSCPA.