Bellevue, Washington, Offers in Compromise Lawyer
Do you owe the IRS more money than you can reasonably be expected to pay, given your current financial situation? Offers in compromise help people reach an agreement with the IRS as to the amount of their current tax debt they have to pay. At the CBG Law Group PLLC we help our clients submit and obtain fair offers in compromise that help get them the tax relief they deserve.
Stop Garnishment and Harassing Phone Calls
Call 425-283-0432 for your free initial consultation.
If your offer in compromise is accepted by the IRS, you can rid yourself of your overwhelming tax debt once and for all. By making an offer in compromise, you are admitting to the IRS that you owe a certain amount of taxes and that you cannot pay that amount in full. You are also offering to pay a certain amount. The payment is generally made in one lump sum, but it can be made in installments for up to two years.
Qualifying Offers in Compromise
Most offers in compromise do not qualify when they are initially filed. In fact, the IRS will usually respond with a figure of their own, which they believe to be fairer. Please note it is difficult to qualify for an offer in compromise. For example, if you have assets such as a home or car, which are worth more to you than your tax debt, you will most likely fail to qualify. An experienced tax attorney can help you determine if an offer in compromise is in your best interests.
State and Federal Tax Assistance
We help our clients submit closing agreements with the state of Washington. Closing agreements function in the same way as offers in compromise. In the state of Washington, closing agreements can be made to the Department of Revenue, and offers in compromise to the Department of Labor and Industry, and the Department of Employment Security.
Contact Us
At the Bellevue, Washington, law offices of the CBG Law Group PLLC we provide all our clients with the personal service they deserve as they work towards tax relief. Contact us today for a free initial consultation. Please call 425-283-0432.
