Penalties & Payment Plans
“What is the IRS Offer in Compromise, and do I meet the requirements?”
An IRS Offer in Compromise is a program that can sometimes settle a tax debt for less than the full amount, but eligibility often depends on a detailed review of income, expenses, assets, and overall ability to pay. The IRS typically looks at whether the balance seems collectible through other means, along with filing compliance and the completeness of the application. The exact outcome can also depend on the type of tax involved, recent financial changes, and whether supporting records clearly show hardship or limited collection potential. A targeted review with a CPA can turn the uncertainty into a clear next step.
In your 30-minute session, the KGOB advisor handling it will:
- Read your exact situation and tell you, in plain English, what’s actually going on.
- Lay out your options and the trade-offs — no jargon, no judgment.
- Give you a clear next step you can act on, whether that’s with us or on your own.
“What is an Offer in Compromise, and do I qualify?”
“How does an Offer in Compromise work, and am I eligible?”
“Can I qualify for an Offer in Compromise?”
“What does Offer in Compromise mean for my tax debt?”
“I can't pay my $2,000 tax bill, can I set up a payment plan?”
“I can't pay my $5,000 tax bill, can I set up a payment plan?”
This page is a prompt to start a conversation, not tax or legal advice, and states no tax-law specifics as fact. A consult session does not by itself create an ongoing engagement. We do not promise specific outcomes or savings. Kohari Gonzalez Oneyear & Brown PLLC — Charlotte, NC.
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