Offer in Compromise: IRS Tax Representation

An Offer in Compromise is an attempt to settle your tax debt for less. There a few things you should know before you begin the application.

  • The IRS is most likely going to hold out for the full debt payment before they accept an Offer in Compromise. The IRS will often reject offers based on these grounds:
    1. If your annual income is enough for full payment of the debt, the IRS will reject an Offer in Compromise.
    2. If you have assets that can be sold to settle full amount of the debt, the IRS will reject an Offer in Compromise.

We’ve handled many Offer in Compromise requests.  We can successfully guide you through the process because, just like the IRS, we’re thorough, and we understand IRS policy.

Watch this short video on IRS tax representation services:

Huddleston Tax CPAs is based in the greater Seattle area including Kirkland, for more information on our tax services, give us a call at (425) 242-3810!

  • Huddleston Tax Accountants / Huddleston Tax CPAs – Kirkland
    Certified Public Accountants Focused on Small Business
    11335 NE 122nd Way, Suite 105 Kirkland, WA 98034
    425-242-3810

    Huddleston Tax CPAs & accountants provide tax preparation, tax planning, business coaching,
    QuickBooks consulting, bookkeeping, payroll, and business valuation services for small business.

    We serve: Seattle, Bellevue, Woodinville, Redmond, Sammamish, Bothell, and areas throughout WA.
    We have a few meeting locations. Call to meet John C. Huddleston, J.D., LL.M., CPA, Lance Hulbert, CPA, Grace Lee-Choi, CPA, Jennifer Zhou, CPA, or Jessica Chisholm, CPA. Member WSCPA.