It is not as easy for the IRS to approve an Oklahoma payroll tax offer in compromise as it is for the IRS to approve offers in compromise for other types of federal tax problems. However, if you have failed to pay payroll taxes, and you are seeking to resolve the matter with the IRS, then it is important to know that an offer in compromise may be an option, in some cases.
When Oklahoma Payroll Tax Offers in Compromise Are Successful
There is no magic formula that you can apply to ensure that the IRS accepts your payroll tax offer in compromise. With that said, you should know that a few things may make your offer in compromise more likely to be accepted. For example:
- Your last few quarters of payroll taxes should’ve been paid on time and in full
- All of your most recent tax returns should’ve been filed on time
- Your offer in compromise may be more likely to be accepted if your business is closed
An offer in compromise for outstanding payroll taxes might be difficult to negotiate, but you do not have to do it alone.
Call a Tulsa Payroll Tax Lawyer Today to Learn More
An Oklahoma payroll tax offer in compromise is not the right solution for every business that owes these types of taxes to the federal government, and the IRS may not always accept this solution. To learn more about this particular option, and other options that might resolve your federal tax debts, please call an experienced Tulsa payroll tax attorney today at 800-721-7054, and please read a FREE copy of our book, The Ultimate Survival Guide for IRS Problems. Together, we will work hard to resolve your payroll tax problems with the IRS and get you the fresh start you seek.