http://www.sodowskylaw.com If you owe the Internal Revenue Service a lot of cash that you do not have, you might have the ability to leave your tax obligation financial debt through an offer in compromise. By making the IRS an offer of much less than the sum total of your tax financial debt, the Internal Revenue Service may approve it if they question they can ever before gather the full quantity. Find out more about sending an offer in concession in this video clip from an experienced Virginia tax lawyer. In order to guarantee the Internal Revenue Service accepts your deal, you must have a seasoned Northern Virginia tax obligation attorney dealing with you to discuss the 3 different types of offers in compromise. The different choices utilize particular numbers to compute the offer amount you ought to make. If the IRS approves your offer, you might be provided the choice to pay your debt over 120 months, 24 months, or by making one round figure payment within 5 months. A tax attorney will provide more guidelines concerning each of the alternatives, which alternative would be best for you and also what the correct amount is to offer. For aid identifying the ideal deal in compromise, call our Northern Virginia tax obligation lawyers at the Sodowsky Law practice today as well as receive a complimentary examination at (703) 968-8000. You can likewise contact us on our internet site at http://www.sodowskylaw.com or watch our insightful articles, frequently asked concerns and various other instructional resources.