F
- Financial Statement Preparation.
When
preparing financial statements for an offer in compromise, our job is to make
tax agencies understand you cannot afford your tax bill and that a settlement
needs to be arranged. We prepare these
statements
according to strict standards that allow you to offer
less and pay less. This is why the financial statement preparation is so vital to a successful offer. If done correctly, it
can end up saving you a substantial amount of money.
We have
found when we prepare these financial statements for tax agencies, they are
settling in the range of 2 to 20 cents on the dollar. This means that if you
owe $50,000 in taxes, you may be able to settle for as little as $1,000.
Over
the span of 14 years, we have become EXPERTS at preparing and analyzing
financial documentation. That is what you can expect if you work with us. We
have mastered the methods that qualify you for a settlement and allow you to
pay less.
It is
VITAL to understand that financial analysis and the preparation of tax
statements should ALWAYS BE DONE BY A QUALIFIED INDIVIDUAL! The formulas may seem straightforward, but if
done incorrectly, they are a trap that can lead to a rejected offer.
There
are things that the IRS looks for in settlement that the average taxpayer does
not know or understand. Never risk time and money by trying to do the financial
analysis on your own.
We have
the expertise and experience necessary to help you settle your case with the
IRS and save you money.