Many San Francisco taxpayers who face aggressive collection measures from the IRS give serious consideration to bankruptcy. But the problem with bankruptcy is that it ordinarily provides you with no help in resolving your IRS liability, even while it damages your credit and your financial life. You still owe the IRS every dime you owed them plus additional interest and penalties. Click Here For San Francisco Offer In Compromise Help!
The Offer in Compromise program allows us to prepare documentation similar to what would be presented in a bankruptcy case. As with bankruptcy, we can help by protecting your need to meet allowable monthly expenses and protect essential assets. The high cost of living in greater San Francisco is taken into consideration in IRS formulas.
We Provide San Francisco Offer in Compromise Help
Only if there is substantial income left after these expenses are budgeted can you reasonably be expected to pay the IRS. Using an IRS Offer In Compromise formula called the 48 Multiplier that applies not only in San Francisco but throughout the nation, we help you to arrive at the amount of a lump sum settlement that is likely to be accepted by the IRS. We also explain how a similar amount could be spread over an installment agreement with a modest interest rate.
You don't need to file bankruptcy in a San Francisco courtroom in order to protect yourself from IRS collection tactics. Our Offer In Compromise services can resolve your tax liabilities permanently. If you have already filed bankruptcy to resolve non-tax debt, we can work with the documentation from that case to protect your interests with the IRS.
