Garald Price & Associates, P.A.
2058 Overland Ave. Burley, ID 83318 (208)878-9000
"Making life less taxing since 1978"

Home :: Services > Tax Audits and Offers In Compromise

IRS Offer in Compromise OIC

If your Internal Revenue Service tax liability is greater than $5,000 and you can't afford to pay it, you may qualify for an Offer in Compromise. You may be able to settle your IRS Tax Problem for pennies on the dollar. The Offer in Compromise is a structured Internal Revenue Service program. It allows the delinquent or non-filing taxpayer to offer the IRS a smaller amount than the amount you actually owe. If the OIC is accepted, and after you pay the amount accepted by the IRS, the past due tax liability will be eliminated.

IRS and State/Local Representation

Our firm knows the tax laws, and we know how your tax return was prepared. We can provide complete representation services before the IRS as well as state and local taxing authorities. We are also experienced in negotiating Offers in Compromise with the IRS to help reduce your tax liabilities.