Video Tips: Tax Debt Relief with an Offer-in-Compromise

Our U.S. tax system is built on the premise that all taxpayers are expected to report their tax liabilities accurately and pay them on time. However, the Internal Revenue Code (§7122) gives the IRS the authority to “compromise” (i.e., settle based on a taxpayer’s adverse economic circumstances) a tax liability for less than its stated amount.

Share this article...

Want tax & accounting tips and insights?

Sign up for our newsletter.

I confirm this is a service inquiry and not an advertising message or solicitation. By clicking “Submit”, I acknowledge and agree to the creation of an account and to the and .
Meet Our Team
Meet the exceptional team at Jooste & Hellman CPAs, where expertise meets dedication. Our diverse team combines experience and innovation to deliver exceptional services tailored to your needs.