Our expertise, your prosperity.
Our expertise, your prosperity.
An agreement between a taxpayer and the IRS that settles a taxpayer's tax liabilities for less than the full amount owed.
It allows a first-time noncompliant taxpayer to request abatement of certain penalties for a single tax period.
Similar to a regular installment agreement where you make monthly payments to the IRS for taxes owed. However, you are only paying back part of the taxes you owe over time.
It is possible to negotiate with the IRS by yourself, however, we wouldn’t recommend it - Especially If you owe more than $10,000 or you’re facing a tax audit
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