National Tax Attorney Assist in Offer in Compromise (OIC) to Settle Tax Debt in Anaheim, California

National Tax Attorney provides assistance to apply for an Offer in Compromise (OIC) to settle tax debt in Anaheim, California which could be a nightmare for a taxpayer. Tax problems can happen to anyone in COVID -19 era. Offer in Compromise (OIC) is when the IRS allows the taxpayers to pay the taxes in lump sum amounts over a period of 5 months or make monthly payments for 24 months. Offer in Compromise (OIC) is calculated and granted by the IRS on basis of the taxpayer’s RCP (Reasonable Collection Potential). The IRS calculated the RCP (Reasonable Collection Potential) on basis of the quick sale value of the taxpayer’s assets plus net monthly income time 60, which is again calculated over a period of five years. To be ready for all this paperwork and get a guaranteed Offer in Compromise (OIC) from IRS, the taxpayer needs to hire a professional tax attorney. California National Tax Attorney has expert tax lawyers who are aware of all the documentation and legal issues for filing an Offer in Compromise.

Forms 433-A (OIC) and 433-B (OIC) are Collection Information Statement that needs to be filled duly while applying for an Offer in Compromise (OIC). The status of taxpayer's Offer in Compromise (OIC) is fully dependent upon what are their understanding and how much they are updated about form 433-A. Their knowledge and understanding can make a difference between an Offer in Compromise (OIC) being accepted, rejected, or put on hold with a Not Collectible designation rather than an Installment Agreement. Getting through all this is not an easy task.

California National Tax Attorney serves in Anaheim and other major cities of California and helps taxpayers solve their tax problems including Back Taxes, Offer in Compromise (OIC), Tax Liens, etc., and saving them from their nightmares. Over a period of 15+ years, California National Tax Attorney has served and saved millions of taxpayers from going through all the tax troubles.

Once taxpayers receive a notice from the IRS, that means they are in some sort of tax trouble, and contacting California National Tax Attorney is the right choice, as they are experienced professionals and a reputed name in California.

To know more about California National Tax Attorney or to file for an Offer in Compromise (OIC) please visit https://california.nationaltaxattorney.com/.