OFFER IN COMPROMISE CORAL GABLES

Can you settle your IRS debt for less? An offer in compromise allows that in some cases. In Coral Gables, however, home values can make it harder to qualify, because the IRS looks at the equity in your property along with your other assets.

What the IRS reviews

• Your income and necessary expenses
• Equity in your home and other property
• Your bank, investment and retirement accounts

What is required

You generally must have filed all required returns. An application fee and initial payment are generally required, unless you qualify for a low-income waiver.

Honest advice

Many offers are not accepted. Our offer in compromise representation starts with a frank review, and we can discuss alternatives such as an IRS payment plan.

Remote service for Coral Gables. We do not have a local office, but we work with Coral Gables clients by phone and online. Call 786-373-6100 or send us a message to make an appointment.