What Tax Burdened Americans Need to Know – IRS Offer In Compromise Program is a Privilege, not a Right

I was thinking the other day about how the tax relief industry has really grown and changed in the past 5 years. With a dramatic increase in IRS enforcement, so many companies have entered the scene to offer help to the millions of taxpayers in trouble with the IRS. With claims that that they can help settle your tax debt for a fraction of what you owe, many of these so-called tax resolution firms have come under fire for misleading consumers seeking tax assistance.

Faced with overwhelming tax debt, many Americans have been hoping to qualify for the IRS Offer in Compromise program. And tax resolution companies need to be upfront with clients and let them know that not everyone can qualify for this type of help because the IRS has very strict guidelines governing eligibility.

In 2007, 46,000 offers were submitted to the IRS nationally and only 12,000 or about 26% were accepted. TRS’s acceptance rate on offers they submit is nearly 5 times the national average, and this year alone TRS has successfully negotiated hundreds of IRS settlements at a rate of $0.13 on the dollar.

With over 10 years of service, we are the IRS problem solvers with the highest tax relief success rate in the nation have successfully negotiated hundreds of IRS settlements this year at a rate of $0.13 on the dollar.

Taxpayers should bear in mind that the OIC program is a privilege, not a right, like bankruptcy. We put our clients through a rigorous in-depth interview process to find out if they really do qualify. Most taxpayers do not, and we won’t allow a client to retain us to negotiate an Offer in Compromise unless they are a legitimate candidate for the program.

That’s why taxpayers across the nation have saved in excess of $35 million dollars over the past 10 years with the help of TRS. We take pride in our ethical and honest approach to tax resolution, and we owe much of our success to a policy of total transparency, including a strong commitment to educating and advising you on viable settlement options for resolving your specific IRS problems.

More Tax Help, IRS News and Tax Relief Tips:

  1. In Ailing Economy, More Taxpayers Are Likely to Qualify for Offer in Compromise
  2. Nation’s Leading Tax Resolution Firm Saves Taxpayer Over $5 Million with IRS Offer in Compromise
  3. Live National Webinar features Insider Tax Resolution Tips from Yours Truly
  4. IRS Tax Help From Tax Expert: What Individuals and Businesses Need to Know to Avoid Tax Problems
  5. IRS Tax Relief For Last Minute Filers as April 15th Approaches

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2 Responses to “What Tax Burdened Americans Need to Know – IRS Offer In Compromise Program is a Privilege, not a Right”

  1. » In Ailing Economy, More Taxpayers Are Likely to Qualify for Offer in Compromise » Tax Relief Tips from the Experts at Tax Resolution University » Blog Archive Says:

    [...] taxpayers need to remember that that the OIC program is a privilege, not a right, like bankruptcy. And taxpayers should beware of tax resolution companies that [...]

  2. Ask the Tax Resolution Expert: Do I need to Disclose Business Records to the IRS for Offer in Compromise Related to Personal Taxes? | Tax Relief Tips from the Experts at Tax Resolution University Says:

    [...] the IRS’s Offer in Compromise Program is a privilege and not a right – it is a very subjective process.

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