IRS Offers in Compromise

Do you owe taxes, penalties, and interest to the Internal Revenue Service?

Contact us. We can help.

If you as a taxpayer owe substantial sums in taxes, penalties, and interest, you may be able to negotiate with the IRS to pay an amount that is often significantly less than the total amount due.

Why would the IRS settle for less than the taxpayer owes?

A major goal of the Offer-in-Compromise program is to provide incentive for the taxpayer to pay, at least some of, his or her tax debt.

How it works:

Antonelli & Antonelli, as your tax attorneys, acquire a power of attorney from you, the taxpayer, to negotiate directly with the IRS Offer Examiner in an effort to decrease your tax liability.  If you qualify, the amount you end up paying to the IRS is usually a fraction of the IRS’s initial calculation.

The Antonelli Advantage

Through years of experience as an attorney for the IRS, and later in private practice, Richard C. Antonelli has successfully completed numerous Offers in Compromise and knows which taxpayers are likely to qualify, what amount the IRS is willing to accept, and how to negotiate with the Offer Examiner effectively.  This knowledge reduces the time spent on each case, thereby reducing costs and increasing the likelihood of a successful compromise.

If you are outside of the New York or New Jersey area, please call our National Taxation Help Line for the tax advice you need today.