Offer in Compromise
Settling tax liabilities for less than the full balance owed under IRS rules.
How Coda Approaches Offer in Compromise
An Offer in Compromise may allow eligible taxpayers to resolve their tax debt for less than the full amount owed. Qualification depends on the IRS Reasonable Collection Potential formulas, including Doubt as to Collectibility, Doubt as to Liability, or Effective Tax Administration. We evaluate your numbers before submitting so you understand whether an offer may be viable.
- Calculation of monthly disposable income and asset equity
- Preparation of Form 656 and Form 433-A or 433-B financial statements
- Negotiation with IRS Offer Specialists and appeals officers
Confidential. No pressure. No judgment. No obligation.
The free case evaluation helps us understand your situation and determine whether we may be a good fit. Financial, tax, or legal advice is not provided during the evaluation.
Related Solutions
Audit Representation
Managing the entire IRS examination process on your behalf.
Audit Reconsideration
Reopening an audit that concluded without your participation or with errors.
Tax Lien Relief
Subordination, discharge, and withdrawal to free up assets and credit.
Tax Levy Relief
Releasing garnishments and bank levies and protecting against future seizures.