{"id":361,"date":"2022-05-03T19:14:48","date_gmt":"2022-05-03T19:14:48","guid":{"rendered":"https:\/\/www.dylanquintilone.com\/?page_id=361"},"modified":"2023-12-21T17:33:14","modified_gmt":"2023-12-21T17:33:14","slug":"offer-in-compromise","status":"publish","type":"page","link":"https:\/\/quintilonetax.com\/index.php\/offer-in-compromise\/","title":{"rendered":"Offer In Compromise"},"content":{"rendered":"<p>[et_pb_section fb_built=&#8221;1&#8243; fullwidth=&#8221;on&#8221; _builder_version=&#8221;4.17.3&#8243; _module_preset=&#8221;default&#8221; bottom_divider_style=&#8221;arrow2&#8243; bottom_divider_color=&#8221;#FFFFFF&#8221; animation_style=&#8221;fade&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_fullwidth_header title=&#8221;Offer In Compromise&#8221; text_orientation=&#8221;center&#8221; button_one_text=&#8221;Book A Consultation&#8221; button_one_url=&#8221;www.quintilonetax.com\/contact-us\/&#8221; _builder_version=&#8221;4.23.2&#8243; _module_preset=&#8221;default&#8221; title_text_align=&#8221;center&#8221; background_color=&#8221;#5c5c5c&#8221; custom_button_one=&#8221;on&#8221; button_one_text_color=&#8221;#FFFFFF&#8221; button_one_bg_color=&#8221;#E02B20&#8243; button_one_border_width=&#8221;3px&#8221; button_one_border_radius=&#8221;10px&#8221; button_one_icon=&#8221;&#x3d;||divi||400&#8243; hover_enabled=&#8221;0&#8243; global_colors_info=&#8221;{}&#8221; sticky_enabled=&#8221;0&#8243;]<\/p>\n<h2>An offer in compromise can allow a tax payer to settle with the IRS or state agency for less than the full outstanding tax debt. It is a program designed to help those in severe financial hardship<\/h2>\n<p>[\/et_pb_fullwidth_header][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; _builder_version=&#8221;4.17.3&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_row _builder_version=&#8221;4.17.3&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.17.3&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_contact_form email=&#8221;quintilone@mailfence.com&#8221; title=&#8221;You may qualify for an Offer in Compromise&#8221; custom_message=&#8221;Dear Dylan,||et_pb_line_break_holder||I filled in the contact information on the offer in compromise page. I would like a free consultation. My name is %%FName%% %%LName%%. You can contact me at %%Email%% or %%Phone%%. I need to talk about %%Taxdebt%%. I heard about you from (a) %%Acquire%%.||et_pb_line_break_holder||||et_pb_line_break_holder||Thank you,||et_pb_line_break_holder||%%FName%%&#8221; success_message=&#8221;We will review your answers, and see what we need to research to see if you qualify for an Offer In Compromise. Thank You!&#8221; submit_button_text=&#8221;Submit&#8221; disabled_on=&#8221;on|on|off&#8221; _builder_version=&#8221;4.20.0&#8243; _module_preset=&#8221;default&#8221; _unique_id=&#8221;0d3c932c-c399-4924-8692-6b7c1b215958&#8243; form_field_text_color=&#8221;#282828&#8243; form_field_custom_margin=&#8221;0px||||false|false&#8221; title_font=&#8221;|600|||||||&#8221; title_text_align=&#8221;center&#8221; title_text_color=&#8221;#282828&#8243; captcha_text_color=&#8221;#282828&#8243; form_field_font_size=&#8221;12px&#8221; background_color=&#8221;RGBA(255,255,255,0)&#8221; custom_button=&#8221;on&#8221; button_text_color=&#8221;#FFFFFF&#8221; button_bg_color=&#8221;#E02B20&#8243; button_border_radius=&#8221;10px&#8221; button_font=&#8221;||||||||&#8221; button_custom_margin=&#8221;0px||||false|false&#8221; text_orientation=&#8221;left&#8221; custom_margin=&#8221;18px||0px||false|false&#8221; custom_padding=&#8221;10px||||false|false&#8221; border_radii=&#8221;on|10px|10px|10px|10px&#8221; border_width_all=&#8221;1px&#8221; box_shadow_style=&#8221;preset1&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_contact_field field_id=&#8221;FName&#8221; field_title=&#8221;First Name&#8221; min_length=&#8221;2&#8243; allowed_symbols=&#8221;letters&#8221; _builder_version=&#8221;4.17.3&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_contact_field][et_pb_contact_field field_id=&#8221;LName&#8221; field_title=&#8221;Last Name&#8221; allowed_symbols=&#8221;letters&#8221; _builder_version=&#8221;4.17.3&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_contact_field][et_pb_contact_field field_id=&#8221;Email&#8221; field_title=&#8221;Email&#8221; field_type=&#8221;email&#8221; _builder_version=&#8221;4.17.3&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_contact_field][et_pb_contact_field field_id=&#8221;Phone&#8221; field_title=&#8221;Phone&#8221; min_length=&#8221;7&#8243; max_length=&#8221;13&#8243; allowed_symbols=&#8221;numbers&#8221; _builder_version=&#8221;4.17.3&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_contact_field][et_pb_contact_field field_id=&#8221;Taxdebt&#8221; field_title=&#8221;How much Federal Tax do you owe?&#8221; field_type=&#8221;select&#8221; select_options=&#8221;%91{%22value%22:%22$0 to $25,000%22,%22checked%22:0,%22dragID%22:-1},{%22value%22:%22$25,000 to $100,000%22,%22checked%22:0,%22dragID%22:0},{%22value%22:%22$100,000 to $500,000%22,%22checked%22:0,%22dragID%22:1},{%22value%22:%22Greater than $500,000%22,%22checked%22:0,%22dragID%22:2}%93&#8243; fullwidth_field=&#8221;on&#8221; _builder_version=&#8221;4.17.3&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_contact_field][et_pb_contact_field field_id=&#8221;Acquire&#8221; field_title=&#8221;How did you find us?&#8221; field_type=&#8221;select&#8221; select_options=&#8221;%91{%22value%22:%22Referral%22,%22checked%22:0,%22dragID%22:1},{%22value%22:%22Google (Google My Business or Search)%22,%22checked%22:0,%22dragID%22:-1},{%22value%22:%22YouTube%22,%22checked%22:0,%22dragID%22:0},{%22value%22:%22Online Ad%22,%22checked%22:0,%22dragID%22:2},{%22value%22:%22Mail%22,%22checked%22:0,%22dragID%22:3},{%22value%22:%22Other%22,%22checked%22:0,%22dragID%22:4}%93&#8243; fullwidth_field=&#8221;on&#8221; _builder_version=&#8221;4.17.3&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_contact_field][\/et_pb_contact_form][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=&#8221;4.17.3&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.17.3&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.17.3&#8243; _module_preset=&#8221;default&#8221; text_text_color=&#8221;#282828&#8243; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h2>How does an Offer In Compromise work?<\/h2>\n<p>When taxpayers do not have the ability to pay a tax debt, the offer in compromise is a tool the IRS uses to reach a settlement. It is not easy to get approved and there is a complicated process that must be followed to obtain an approval. With the right help and resources, this is a manageable process and we can help get it started.<\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=&#8221;4.17.3&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.17.3&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.17.3&#8243; _module_preset=&#8221;default&#8221; text_text_color=&#8221;#282828&#8243; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h2>How to get an Offer In Compromise approved?<\/h2>\n<p>To start, the individual or business needs to make sure they have all tax filings and payments on existing plans current and up to date. The IRS requires this to make a determination of what they believe is a reasonable amount to settle your outstanding tax debts. Another requirement is not to be in an open bankruptcy proceeding. If you meet the prerequiste requirements for filing and being current, you must submit a:<\/p>\n<ul>\n<li>Form 433-A (OIC) (individuals) or 433-B (OIC) (businesses) and all required documentation as specified on the forms<\/li>\n<li>Form 656(s) \u2013 you must submit individual and business tax debt (Corporation\/ LLC\/ Partnership) on separate Forms 656<\/li>\n<li>$205 application fee (non-refundable)<\/li>\n<li>Initial payment (non-refundable) for each Form 656.<\/li>\n<\/ul>\n<p>The chances to getting an offer in compromise approved are greatly increased by illustrating to the IRS all of the assets and debts that may prevent you from paying the entire tax debt.<\/p>\n<p>Another important decision to make is whether you will make a lump sum payment or installment payments. Installment payments must be made while waiting to learn if your offer in compromise is approved or denied, and if it is denied these payments are non refundable and can be applied to your outstanding tax liability. These payments will reduce the debt at the very least. <\/p>\n<p>If the IRS denies your offer in compromise, you are able to file an appeal within 30 days of this action. It is critically important to respond within the 30 day window and file a Form 13711 &#8220;Request for Appeal of Offer in Compromise&#8221;. If you need help with an offer in compromise, contact us today and we can discuss your specific tax case.<\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; fullwidth=&#8221;on&#8221; _builder_version=&#8221;4.17.3&#8243; _module_preset=&#8221;default&#8221; bottom_divider_style=&#8221;arrow2&#8243; bottom_divider_color=&#8221;#FFFFFF&#8221; animation_style=&#8221;fade&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_fullwidth_header title=&#8221;We can help!&#8221; text_orientation=&#8221;center&#8221; button_one_text=&#8221;Book A Consultation&#8221; button_one_url=&#8221;www.quintilonetax.com\/contact-us\/&#8221; _builder_version=&#8221;4.23.2&#8243; _module_preset=&#8221;default&#8221; title_text_align=&#8221;center&#8221; background_color=&#8221;#5c5c5c&#8221; custom_button_one=&#8221;on&#8221; button_one_text_color=&#8221;#FFFFFF&#8221; button_one_bg_color=&#8221;#E02B20&#8243; button_one_border_width=&#8221;3px&#8221; button_one_border_radius=&#8221;10px&#8221; button_one_icon=&#8221;&#x3d;||divi||400&#8243; hover_enabled=&#8221;0&#8243; global_colors_info=&#8221;{}&#8221; sticky_enabled=&#8221;0&#8243;]<\/p>\n<p>Email: quintilone@mailfence.com<\/p>\n<p>Call Us: 689-257-9400<\/p>\n<p>[\/et_pb_fullwidth_header][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>An offer in compromise can allow a tax payer to settle with the IRS or state agency for less than the full outstanding tax debt. It is a program designed to help those in severe financial hardshipHow does an Offer In Compromise work? When taxpayers do not have the ability to pay a tax debt, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"class_list":["post-361","page","type-page","status-publish","hentry"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/quintilonetax.com\/index.php\/wp-json\/wp\/v2\/pages\/361","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/quintilonetax.com\/index.php\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/quintilonetax.com\/index.php\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/quintilonetax.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/quintilonetax.com\/index.php\/wp-json\/wp\/v2\/comments?post=361"}],"version-history":[{"count":2,"href":"https:\/\/quintilonetax.com\/index.php\/wp-json\/wp\/v2\/pages\/361\/revisions"}],"predecessor-version":[{"id":817,"href":"https:\/\/quintilonetax.com\/index.php\/wp-json\/wp\/v2\/pages\/361\/revisions\/817"}],"wp:attachment":[{"href":"https:\/\/quintilonetax.com\/index.php\/wp-json\/wp\/v2\/media?parent=361"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}