Offers in compromise may help reduce your tax debt by negotiating with the taxing agency to lower your tax bill. You may have heard this process referred to as settling your taxes for “pennies on the dollar.”  While this may seem like an attractive option for resolving tax debts, many taxpayers do not actually qualify for an offer in compromise.  As a result, it is very important that your case is properly reviewed and analyzed to ensure that an offer in compromise is appropriate given the specific facts of your case.

At Hone Maxwell LLP, we will review and analyze your case to ensure that it is properly presented in the most favorable light to elicit a favorable decision.

Note: While your offer is under consideration, the Internal Revenue Service is prohibited from levying your assets and/or wages.

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