Des Moines Offers In Compromise Attorney
If you are drowning in tax debt, an Offer in Compromise (OIC) could be your ticket to financial relief. This IRS program allows eligible taxpayers to settle their tax obligations for less than the full amount owed. Before considering bankruptcy, explore the OIC option with the help of an experienced attorney.
For over 40 years, Janssen Law, PLC, has been guiding Central Iowa residents through complex tax law issues. Lawyer Dallas J. Janssen’s firm serves clients throughout Greater Des Moines and beyond, offering helpful legal guidance and compassionate support.
Who Is A Good Candidate For An Offer In Compromise?
An OIC may be suitable if you:
- Cannot pay your full tax liability
- Have experienced financial hardship
- Have limited income and assets
An OIC process can be intricate and time-consuming to navigate. When you work with lawyer Dallas, he can help you:
- Assess your eligibility
- Gather comprehensive financial documentation
- Calculate an appropriate offer
- Submit a compelling application
- Negotiate skillfully with the IRS
Let attorney Dallas evaluate your situation and determine if an OIC is the right legal path for you.
Offer In Compromise Vs. Bankruptcy: Weighing Your Options
Consider these advantages of choosing an OIC:
- Reduce tax debt
- Avoid long-term credit impacts
- Maintain control of your assets
While powerful, an OIC has its challenges:
- Stringent eligibility requirements
- Potentially lengthy process
- Not all tax debts qualify
We can help you navigate these pros and cons to help ensure you make the best financial decision that aligns with your unique future needs.
Why You Need A Lawyer
Navigating the OIC process can be complex, but an experienced tax attorney can:
- Determine your eligibility
- Accurately value your assets
- Negotiate effectively with the IRS
- Ensure compliance with all requirements
Our deep understanding of tax law and commitment to client service is what you need.
Take Control Of Your Financial Future
To explore your options, contact Janssen Law, PLC, today for a free initial consultation. Attorney Dallas serves clients throughout Polk County and Central Iowa from the Des Moines office. Dial 844-879-2839 or use the online contact form to schedule your appointment.