How do I know if I qualify for an Offer in Compromise?

Question

Kohari Gonzalez Oneyear & Brown · Accepted Answer

An Offer in Compromise is often considered when the full tax balance may be difficult to collect through normal payment options, but the outcome depends on several factors. Common considerations include income, necessary living expenses, asset equity, and whether the IRS views the liability as colle For an answer applied to your exact numbers, bring this question to a licensed KGOB CPA in a focused session and leave with a clear next step.