Q: Negotiated Settlement (Offer in Compromise) A: Approved by Congress to aid taxpayers, this is a relatively straight forward program, either you qualify or you do not. Recently published IRS Policy Statement P-5-100 reads in part as follows: Offers will be accepted. The IRS will accept an offer in compromise when it is unlikely that the tax liability can be collected in full and the amount offered reasonably reflects collection potential. An offer in compromise is a legitimate alternative to declaring a case currently non-collectible or to a protracted installment agreement. The goal is to achieve collection of what is potentially collectible at the earliest possible time and at the least cost to the Government. Because of the popularity of the program, millions of cases are submitted, backlogging the process. Each case is scrutinized and examined to the dollar. Any small miscalculation and the amount offered will skyrocket, or even worse, be rejected altogether. Thankfully, our professional staff have years of experience and knows the intricacies of this program. We use the same formulas and guidelines as the IRS, and therefore are able to calculate the lowest possible amount the IRS will accept before submitting a request, thus eliminating guesswork and worry. When you call, your assigned tax strategist will walk you through the procedure, answering any questions and providing a free and accurate assessment of your case.