Settle your taxes for “Pennies on the Dollar” through an Offer in Compromise

"articletext">Is this true? Can taxes really be settled for much less
Fact or Fiction?than you owe?
If you have tax problems it seems like wherever youWell the real answer is maybe. But only if you qualify.
look you will see ads from businesses offering toAnd qualifying is not easy. The IRS will not just hand
settle your taxes for “Pennies on theout a settlement for a fraction of what you owe
Dollar” for “As little as the change inwithout you showing a severe hardship.
your pocket”. If you have a tax lien filedThese unscrupulous so called “Tax Relief
against you, you will become flooded with letters andOrganizations” will often make promises to
flyers and phone calls from businesses wanting toyou that they will do an Offer in Compromise and
settle your tax liability for you. They will all offer tosettle your tax liability. Then they will take thousands of
settle your tax liability through an OIC.dollars in fees from you.