Settlement Options

The Five IRS Settlement Options

There are five main ways the IRS will settle tax debt. Learn which option best fits your situation and how our attorneys can help you pursue it.

Installment Agreements

An installment agreement allows you to pay off your tax debt over time through monthly payments. When the IRS has assessed a balance you cannot pay in full, an installment agreement may be the most straightforward path to resolution. We help you negotiate terms that fit your budget and ensure the agreement protects your interests.

Offer in Compromise

An offer in compromise lets you settle your tax debt for less than the full amount owed. While not every taxpayer qualifies, an experienced attorney can evaluate your financial situation, prepare the application, and negotiate with the IRS on your behalf. When appropriate, this option can provide a fresh financial start.

Tax Appeals

If you disagree with an IRS decision, you generally have the right to appeal. Tax appeals can address audits, collection actions, penalty assessments, and denied offers. We guide you through the appeals process, prepare the necessary documentation, and advocate for a fair outcome.

Collection Appeals

Collection appeals address disputes over collection actions such as liens, levies, and seizures. If the IRS has taken or is threatening a collection action, you may be entitled to a hearing before the Office of Appeals. We help you request and pursue these hearings to protect your assets and your rights.

Corporate Restructuring

For businesses facing significant tax debt, restructuring the entity may provide a path to resolution. Corporate restructuring can involve mergers, dissolutions, conversions, or asset transfers designed to address tax obligations while preserving the viable operations of the business. Our team can advise on whether restructuring is a viable option for your situation.

Our Local, State, and Federal Tax Lawyers

We are a full-service tax law firm with more than 30 years of experience helping individuals and businesses deal with all of their tax and bankruptcy issues. If you are dealing with the IRS or a State taxing authority, our tax attorneys can help you navigate the bureaucratic process, make sure that your rights as a taxpayer are protected and resolve your issues in the best manner possible.

We'll Help You Deal with the IRS

The IRS can be ruthless when it comes to dealing with those they believe have committed tax fraud or who owe them money. If you have come into conflict with the IRS, you'll want our experienced Salt Lake tax law professionals on your side. Our tax attorneys will represent you and help your case reach the most favorable outcome.

Michelle Turpin PC — Creekside Office Plaza

4764 S 900 E #3, Millcreek, UT 84117

Michelle Turpin PC — St. George UT

162 N 400 E Ste a-204, St. George, UT 84770