Why should I consult with a tax professional prior to making an Offer in Compromise to the IRS?

Making a successful OIC to the IRS is not easy. In fact, only a small percentage of the offers made annually are accepted. Consulting with an OIC tax professional in Trenton, NJ prior to making your OIC will help to improve your chances of success. We at XL Consulting, LLC offer a free initial consultation that involves an in-depth review of your tax debt and other financials to determine your chances of success. While OIC is a great way to wipe the slate clean with the government, it isn’t the only option available. We also help taxpayers with large tax debts explore other options to resolve their tax issues. We will review your case and help you determine the best option for optimum results. Contact us now

How long does the IRS Offer in Compromise process take?

It is difficult to give a specific timeline as each case is unique. In general, cases take an average of between 6 and 12 months to be resolved. However, if your OIC is not accepted and you choose to appeal, this could lengthen your case even further. Your case could take several more months or even years to resolve. The good news is that during this period, you will be protected from enforcement action by the IRS. Your income and assets will therefore be protected. At XL Consulting, LLC, we provide Offer in Compromise services in Mercer County designed to help taxpayers resolve their tax issues efficiently and effectively. With the help of our team, you can get your case resolved much faster.

IRS Offer in Compromise Services in Mercer County | OIC Tax Professional in Trenton, NJ

OIC Tax Professional in Trenton, NJ Represents Clients in Mercer County and Throughout NJ

When you’re facing overwhelming tax debt, you will have various options available to you to wipe the slate clean with the government. One such option is making an IRS Offer in Compromise to the IRS. An OIC allows you to settle your tax debt by paying less than what you owe. However, the OIC process can be complex and your chances of success are slim. Only a small percentage of OIC offers are accepted by the IRS every year. Scott Schneider at XL Consulting, LLC provides IRS offer in compromise services in Mercer County designed to help taxpayers find solutions to their tax issues.

Our personalized services will help to increase your chances of success with your OIC. We offer a free initial consultation with an experienced OIC tax professional in Trenton, NJ. Scott Schneider can determine whether an OIC is the best option for you, will explain your rights and options, and will work to get a favorable outcome in your case.

Contact Scott Schneider at XL Consulting, LLC to Find a Solution to Your Tax Issue Today.

How an OIC Tax Professional in Trenton, NJ Can Help with Your Case

Our IRS Offer in Compromise Services in Mercer County provides taxpayers with the guidance, support, and representation they need to get optimal results. Our team will:

Prescreen you for OIC

The IRS denies the majority of the OICs made every year. It is therefore important to determine whether an OIC is the best option for you. We will review the details of your case and determine your chances of success with an OIC. If we believe an OIC is not the best option for you, we will guide you through various different options that you should consider.

Prepare your OIC application

We will handle all the paperwork involved in the OIC process. This includes preparing your application. We will guide you on what documents to submit and ensure that your application is unique and provides all the required information to give you a better chance at success.

Calculate an optimal offer

One of the main reasons so many OIC offers are rejected by the IRS is that the offers are not adequate. We understand how the IRS calculates the reasonable collection potential (RCP) of taxpayers. We will determine the best amount for your offer to not only increase your chances of success but also ensure that the payment of your debt will be manageable for you.

Assist you with post-acceptance

The approval of the offer is not the end of the journey with your OIC. Our team will guide you through the post-acceptance process to ensure that the IRS will not rescind their offer.

About IRS Offer in Compromise in Mercer County, NJ

Mercer County is a county located in New Jersey. The seat of the county is the city of Trenton. Mercer county is the 12th most populous county in New Jersey with a population of 387, 340 as of the 2020 census. It is located in the Central Jersey region and has only 12 municipalities. This is the fewest number of municipalities amongst the counties in New Jersey.

The percentage of OIC offers accepted by the IRS has varied between 17 and 26 percent. This means that the chances of success are quite slim. You can increase your chances of success by engaging an experienced and skilled OIC tax professional in Trenton, NJ. Contact XL Consulting, LLC to schedule a free consultation and learn more about how we can help you resolve your tax issues.

Do You Have a Tax Problem? Are You Facing Tax Liabilities That Amount to More Than $50,000? Get in Touch Today to Schedule a Free Initial Consultation With Tax Practitioner Scott Schneider of XL Consulting, LLC.

Contact XL Consulting, LLC to Access High-Quality IRS Offer in Compromise Services in Mercer County

Are you facing overwhelming tax debt? Do you want to find out if making an IRS offer in compromise is the best option for you? Contact us to schedule a free consultation with an experienced OIC tax professional in Trenton, NJ. Scott Schneider will review your case and provide you with insight into the options available to you. He will also advise you on your rights and the best approach to take to resolve your tax issues.

Get in touch with him now to schedule a free consultation.

IRS Offer in Compromise Services in Mercer County