Did you know you can resolve your IRS debt for a fraction of the amount owed through the Offer in Compromise program? This program allows a taxpayer to negotiate a settlement for incorrectly assessed tax or a debt they cannot pay.

Internal Revenue Code section 7122 states, "An Offer in Compromise will be accepted if it is unlikely that the full amount owed can be collected, and the proposed offer reflects a reasonable collection potential."

In many cases, it’s possible to entirely eliminate your tax debt—including all penalty and interest—at a significantly reduced rate. The IRS accepts no fixed minimum amount; the settlement depends on making the “right” offer.

If handled properly, your debt could be settled for just 5–15% of the current amount owed. The crucial step is determining the minimum amount the IRS will accept before submitting your offer—and that’s where I come in.