page contents VERIFIED Seal flat fee tax relieftaxi fareflat fee tax relief
  • dave rosa

IRS HAS 2 YEARS TO ACCEPT/REJECT TAX SETTLEMENTS | IRS, YOU HAVE A COVID PROBLEM

FLAT FEE TAX RELIEF

Coast to Coast Tax Relief Programs



The Two Year Rule – The IRS Must Accept or Reject Your Offer in Compromise or it is Automatically Accepted.

Did you know that the IRS must make a decision on your tax settlement (#OfferinCompromise) in two years? If the IRS fails to act either way, the Offer in Compromise submission is automatically accepted (I.R.C. 7122)!

We all know that the IRS is an enormous federal agency. If there is one thing they are good at, it is process. The IRS always made sure a submitted Offer in Compromise package would be decided before the two-year deadline. However, that was before COVID-19. The IRS is Backlogged Right Now Because of COVID

The longer these lockdowns continue, the greater the number of taxpayers with serious tax liabilities. Earlier this year, in an unprecedented move, the IRS shut down most of its operations because of COVID-19. No one was answering phones, tax liens were not being filed, and mail was accumulating in large off-site truck trailers. COVID caused the shut down of the largest tax collecting and enforcing agency in the world went on for several months.

As a result, the IRS did not start “opening up” until late summer. It wasn’t until earlier this fall that all of the IRS service centers were operational.

From talking with some of the IRS employees, they are just now getting through the backlog of mail. Add to this the fact that the IRS is expecting to receive a record number of Offer in Compromise requests as many taxpayers have lost jobs and are under a financial hardship as a result of COVID-19.

The IRS has an enormous backlog. There may never be a better time than ever to submit an Offer in Compromise to settle your IRS back tax.

Since the IRS is well aware that they only have two years to make a decision, the tax professionals at Flat Fee Tax Relief fully expect that most of the Offer in Compromise settlements submitted will have a greater chance of success. The agency does not have the time nor the labor force to evaluate the influx of tax settlements that will be coming their way. The IRS will be simply overwhelmed. THE IRS ALWAYS HAS TWO (2) GOALS. ONE GOAL IS TO COLLECT MONEY. AN OFFER IN COMPROMISE SETTLEMENT "COLLECTS" MONEY. EVEN IF THE SETTLEMENT IS $100, IT GOES IN THE "COLLECTED MONEY COLUMN."


THE SECOND GOAL IS TO CLOSE A FILE. THE IRS HAS A NEVER ENDING SUPPLY OF TAX DEBT TO RESOLVE. OUR TEAM ANTICIPATES THAT THE PRESSURE ON THE IRS TO CLOSE FILES WILL BE OVERWHELMING.


WHAT DOES THIS MEAN TO YOU? Should you have a tax debt of $10,000 or more and lack the assets or the income to pay your tax liability, you should look at an Offer in Compromise. You do not have to be "destitute" to qualify. You simply need to lack the funds to pay after deducting what is called "affordable expenses."


The tax professionals at Flat Fee Tax Relief has a 96% Offer in Compromise success rate. We are strategically located in Clearwater, Florida, and San Diego, California. Our coast to coast tax relief programs provides the advantage of extended hours. We are "ready to go" from 8 A.M. Eastern to 6 P.M. Pacific time. When having an IRS levy stopped in one day, our hours come in handy.

CALL OUR TEAM FOR A FREE NO-OBLIGATION CONSULTATION.


FLAT FEE TAX RELIEF


1-866-747-7435


flatfeetaxrelief.net


GOOGLE MY BUSINESS


flatfeetaxservice.net


IRS Tax Relief Programs

 Flat Fee Tax Relief - 1-866-747-7435

Clearwater, FL - San Diego, CA

Coast to Coast

Very Affordable Tax Debt Help

IRS Tax Relief Programs