OFFER IN COMPROMISE

An IRS Offer in Compromise (OIC) is truly amazing! A qualified taxpayer offers the IRS a substantially lesser amount of money as full satisfaction of their outstanding tax liability.

Unfortunately, despite what you may have heard on some TV ads, or read on some of those misleading "tax help" company websites, many taxpayers do not qualify for a reduced offer in compromise settlement.

THIS YEAR, THE IRS HAS ACCEPTED ONLY 24% OF ALL OICs SUBMITTED. 

Determining if you may qualify for an offer in compromise, determining the lowest possible amount to offer the IRS that they are likely to accept, are just two of the many CRITICAL decisions that you will need to make.

Don't be fooled by some of those misleading "tax-help" companies out there who "promise" you a reduced offer in compromise settlement with the IRS for "pennies on the dollar."   In fact, 28% of all OICs submitted are immediately returned back to the taxpayer by the IRS because they were incorrectly filled out or had no chance of acceptance.

If you have an IRS tax liability of $25,000 or more, please contact me, San Diego tax attorney Richard Carpenter for assistance.  I only accept IRS Offer in Compromise cases with a tax debt of over $25,000.  Also, your balance due amount owed to the IRS must be significantly more than the current value of your assets and it must also exceed your ability to pay the IRS for you to possibly qualify for an offer in compromise settlement.

DID YOU KNOW THAT ...

• Past due payroll taxes can also be included in an IRS OIC.
• A taxpayer submitting a "cash" IRS Offer In Compromise generally does not have to pay the IRS until 90 days after acceptance.
• A taxpayer submitting a "short-term deferred payment" offer will need to pay a higher amount to the IRS than a "cash" offer.
• A taxpayer also has the option of a "deferred payment" Offer in Compromise.
• There is a 5 year "stay current" rule which applies to an IRS Offer in Compromise.
• Before you can become eligible for an Offer in Compromise, you must first file all delinquent tax returns.
• The careful completion of the "Collection Information Statement" form is critical to getting a favorable Offer in Compromise accepted.
• Negotiation skills also play an important part in getting the lowest possible offer amount accepted.
• A 20% non-refundable deposit to the IRS must be submitted with an Offer in Compromise

SAN DIEGO TAX ATTORNEY RICHARD CARPENTER CAN HELP BY ...

• Determining whether you may qualify for a reduced Offer In Compromise settlement.
• Determining whether an Offer In Compromise is your best option.
• Calculating the lowest amount to offer the IRS that they will likely accept.
• Communicating directly with the IRS, so that a taxpayer never has to meet with them.
• Handling the entire complex OIC process from start to finish.

RICHARD CARPENTER's EXPERIENCE ...

     Since 1984, I have successfully represented thousands of clients in resolving their IRS tax disputes. I have the knowledge and 27 years of experience needed to get qualified taxpayers a reduced offer-in-compromise settlement with the IRS.

     I am a part-time tax law professor, a Certified Tax Law Specialist, and the author of 14 published articles, one of which is a leading article concerning IRS Offer In Compromise ("GET THE BEST DEAL FOR CLIENTS FROM THE IRS COLLECTION DIVISION", published in Taxation For Accountants, August 1998 issue, and republished in Taxation For Lawyers, September/October 1998 issue).

I have been recognized as one of the Top San Diego County Attorneys in 2007, 2009 and 2010 by the San Diego Daily Transcript legal newspaper and was also named a "Super Lawyer" in 2008, 2009, 2010 nd 2011.

Don't be fooled by some of those "tax help" companies who advertised on the TV and radio. Many of these "tax help firms" have thousands of consumer complaints.

1) On August 23, 2010, the California Attorney General filed a $34 million dollar lawsuit against the Sacramento based tax help company Roni Deutch, the Tax Lady. The Attorney General alleges that Tax Lady Roni Deutch "engaged" in a heartless scheme that swindled people with tax problems... she promises to signigicantly reduce their IRS tax debts... but providing little or no help." (See the California Attorney General website http://www.ag.ca.gov for additional details.)

2) On May 13,2010, the Attorney General of Texas charged Tax Masters with multiple violations of the Texas Deceptive Trade Practices Act. According to their Attorney General, "a state investigation and nearly 1,000 customer complaints indicate that the defendants (Tax Masters) routinely misled customers about the nature of their tax resolution service agreements." See the Attorney General of Texas website for additional details.

3) As reported by the Wall Street Journal, J.K. Harris, a South Carolina based tax help company - was sued by the Attorney General from 18 different states after it was found that this company didn't get consumers the tax relief it promised. According to the North Carolina Attorney General Roy Cooper, "many consumers paid J.K. Harris for tax help and got nothing but headaches in return." The Massachussetts Attorney General Martha Coakley also stated that J.K. Harris "took advantage of people who paid for tax assistance and, in some instances, profited by taking their money and not giving them any help at all. (See the Wall Street Journal tax report column on July 23 2009 for additional details.)

     EXPERT GUIDANCE ... During the past 27 years, many attorneys and CPA's have looked to San Diego Tax Attorney Richard Carpenter for expert guidance in helping their clients resolve serious tax problems with the IRS. For a complete description of my background, please click here.

QUESTIONS ...

I understand how a tax problem can take hold of your life and affect your ability to sleep at night. If you are serious about resolving your tax problem, I can help you. Please call me, San Diego tax attorney Richard Carpenter, at (619) 696-8607 to discuss your tax situation in complete confidence. Put my 27 years of tax law experience to work for you.

  Remember, this year the IRS has accepted only 24% of all OICs submitted and also 28% of all OICs submitted are immediately returned back to the taxpayer by the IRS because they were incorrectly filled out or had no chance of acceptance.

Hire A "Super Lawyer" To Resolve Your Tax Problems.
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RICHARD CARPENTER SAN DIEGO TAX ATTORNEY 406 Ninth Ave., Suite 213 San Diego, CA 92101 --------------

TELEPHONE: 619/696-8607
FAX: 619/696-0126
E-MAIL: rc4taxlaw@aol.com *
 
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