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Recognition


Blog Category:

Alternative Solutions

8/22/2011
Travis Watkins
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Streamlined Offer in Compromise Program

In response to these tough economic times, the IRS has added a new Streamlined Offer in Compromise process.  The program is meant to generate government revenue while making it easier for the taxpayer to settle tax debt for less.  If you make less than $100,000 as a household and your tax debt is less than $50,000, your offer may be subject to lesser scrutiny than other offers.  Presumably, this means that more taxpayers will be approved to settle taxes for less.  Only time will tell if that is truly the case.




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The Law Offices of Travis W. Watkins, P.C.
6402 N. Santa Fe, Suite B
Oklahoma City, OK 73116
Phone: 405.607.1192
Toll Free: 800.721.7054
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The Law Offices of Travis W. Watkins, P.C.
1831 E. 71st
Tulsa, OK 74136
Phone: 918.877.2794
Toll Free: 800.721.7054
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