What Is an Offer in Compromise?

An offer in compromise is an agreement between a taxpayer and the IRS that settles a taxpayer's liabilities for less than the full amount due. The offer in compromise program requires an in-depth investigation of a taxpayer's ability to satisfy an outstanding balance with the IRS. A successful offer in compromise requires an in-depth understanding of, and full compliance with, complex guidelines and procedures.


Do You Qualify?

Whether your offer is accepted will depend upon your ability to pay — the IRS has certain formulas relating to your income and expenses. If your assets and income are less than the amount you owe, or if you can show that paying the debt would be an economic hardship for you. Other exceptional circumstances may also be considered. The IRS has an online pre-qualifier tool, but it is best to seek advice from an experienced tax attorney, who can also help you ensure your offer is correct and complete.

With great pleasure I want to personally thank Jennifer A. MacDowell and Robert J. Fedor for their outstanding efforts in the way they handled our offer in compromise (OIC) with the IRS. I paid 5% of what the IRS wanted us to pay; that's quite some savings. I always knew that they were on top of things; answering my questions, staying in touch as things moved along. And the staff was always very pleasant, personable and helpful. Again, my personal thank you to the team at Robert J. Fedor, Esq., LLC. Thank you very much.

-Adrian T., Business Owner

My wife and I owed the IRS over $185,000 for several back tax years. We hired Robert Fedor's law firm to represent us with IRS collection matters and to settle our IRS liability. Jennifer MacDowell and Robert Fedor submitted an offer in compromise. While it took over a year to be completed after going through appeals, we saved over $100,000 with their efforts. The appeal alone saved us over $12,000, plus the period of time it gave us to save for our IRS settlement. Thank you for your outstanding efforts.

-Glen C., Business Owner

To those who know what it's like to live with an impossible tax debt, I encourage you to read this letter. My wife carried a massive tax debt for several years. Bankruptcy clearance did nothing to alleviate this debt. When threatening letters started, we contacted Robert Fedor. To our surprise, our initial consultation was with Mr. Fedor himself. Bob listened intently to our concerns, studied the relevant forms,and almost immediately formed an initial " game plan." At this point, we had our first sigh of relief in years. We were then contacted by our case counsel, Atty Tim Earls. We could not have hoped for a better Advocate. Tim was patient, exceptionally knowledgeable, and extremely informative to two people completely ignorant of tax law. Our final Offer in Compromise arrived and we were dumbfounded! Her final payment amounted to approx. 3.3% of the debt. I recognize that no results are typical or predictive when dealing with tax agencies. I'm just stating what the knowledge and diligence provided by Bob and Tim (and all staff) did for us. I strongly encourage anyone in our past situation to call Atty. Robert Fedor.

-Terri and Steve R., Westlake, OH

Experience at Your Service

The lawyers at Robert J. Fedor, Esq., L.L.C., are well-versed in the IRS offer in compromise program, and spend the necessary time with clients to educate them on the process. Having this knowledge and experience on your side can make a difference in whether an offer in compromise is accepted.

Contact Us to Explore Your Options

To discuss whether you qualify as a candidate for the offer in compromise program, contact Robert J. Fedor, Esq., L.L.C., at 800-579-0997, or email our firm. We invite you to arrange a phone consultation or a meeting at our offices in Cleveland, Ohio, or Chicago, Illinois.

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