55555 Offer in Compromise – PH ANCHOR

Offer in Compromise

TAX SERVICES

Our team of industry experts and tax professionals partner with business owners to minimize tax liability and ensure tax savings. We provide strategic tax planning that integrates both personal and business objectives.

Whether it is a personal tax strategy that dramatically affects your business plan or a business tax strategy that affects your family’s future; our tax advisors are experienced and experts in tax research and tax planning to ensure that your overall tax burden is minimized.

Offer in Compromise

This type of tax relief is a sort of negotiation or compromise with the IRS for those struggling to pay their full tax liability or if doing so creates a financial hardship. It’s a legitimate way for you to settle your tax delinquency for less than what you owe and it takes into consideration a few factors, such as your income, your asset equity, and your overall ability to pay.

To ensure you’re eligible, all required estimated payments and tax returns must be made along with the application fee. You’ll also need to fill out a Form 433-A (individuals) or a 433-B (businesses), and a Form 656 along with all necessary documentation.

PAMC Tax