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FREE CONSULTATIONS

(703) 880-4881

FREE CONSULTATIONS

(703) 880-4881

Offer in Compromise: A Fresh Start for Taxpayers

GET YOUR FREE CONSULTATION

An Offer in Compromise (OIC) is a valuable tool that allows taxpayers to settle their IRS debt for less than the full amount owed. At Ashley F. Morgan Law, PC, we take a personalized and honest approach to the OIC process, ensuring that your application stands the best chance of success. 

Our team includes:

  • Arthur Rosatti, who has years of experience working with the IRS and various state taxing authorities to resolve even the most complex tax cases.
  • Ashley Morgan, who brings deep expertise in tax issues and bankruptcy, ensuring that every client has a well-rounded strategy.

In addition to exploring the OIC process, we review all other potential options—including payment plans, Currently Not Collectable (CNC) status, and bankruptcy—to ensure we deliver the most effective solution.

Many tax resolution companies push this option to settle the accounts for pennies on the dollar, but it is actually rarely approved since the criteria are so strict.

Our office only uses the OIC process when we believe you have a high likelihood of success. We will not draw you in using promises of a great settlement and then later switch to other options after you have paid us. 

Hands in to help

Why Consider an Offer in Compromise?

The IRS will consider an OIC only when it believes collecting the full amount of your tax debt is unlikely within the remaining time allowed by the 10-year collection statute. This means they will evaluate your income, assets, and expenses to determine if you qualify for a reduced payment.

Key Benefits of an OIC:

  • Potential to significantly reduce the amount you owe.
  • Immediate halt to IRS collection actions, such as levies and garnishments, during the review process.
  • A structured path to financial recovery.

What Makes Ashley F. Morgan Law, PC Different?

Unlike firms that offer one-size-fits-all solutions, we: 

  • Assess your financial situation to determine whether an OIC is a realistic option.
  • Consider alternatives like CNC status, bankruptcy, or payment plans to ensure you understand all your options and can target the best outcome.
  • Use Arthur’s and Ashley’s combined experience to craft a strategy that addresses your unique circumstances.
Arthur Rosatti and Ashley F Morgan are Leesburg Bankruptcy Attorneys. They help hundreds of Virginia residences with their debt issues every year.

Get Started Today

If you’re struggling with tax debt, let us help you find a solution tailored to your needs. Contact Ashley F. Morgan Law, PC for a consultation and explore the benefits of working with experienced local attorneys. 

GET YOUR FREE CONSULTATION

Chantilly Office

Free Video and Phone Consultations for Debt Issues

Manassas Office

DISCLAIMER

This law firm is a Debt Relief Agency. We help people file for bankruptcy relief under the Bankruptcy Code. This website is advertising material. The information, website links, and materials presented on this website are for general informational purposes only. It does not constitute legal advice. We do not warrant the accuracy, completeness, or usefulness of the information. You should not act or rely on the information without seeking professional counsel. You should consult an attorney regarding your own situation. Additionally, neither your receipt of information from this website, nor your use of this website to contact Ashley F. Morgan Law, PC (hereinafter “the Firm”) or one of its lawyers creates an attorney-client relationship between you and the Firm. You will become a client of the Firm only if and when you sign and engagement agreement setting forth the scope of the Firm’s engagement, the fee arrangement and other relevant matters. As a matter of policy, the Firm does not accept a new client without first investigating for possible conflicts of interests and obtaining a signed engagement letter or fee agreement. Your use of this website does not make you a client of the firm or even a prospective client of the Firm. If you have confidential information that you would like to give to any lawyer at the Firm, please communicate with one if the Firm’s lawyers in person or by telephone.

RS Circular 230 Notice. In accordance with Internal Revenue Service requirements, this is to inform you that any information on this website that could be construed as United States tax advice is not written or intended to be used, and cannot be used, for the purpose of (i) avoiding penalties under the Internal Revenue Code or (ii) promoting, marketing or recommending to another party any transaction or matter addressed on this website. See IRS Circular 230.