This is a “flat settlement” of your tax balances for a lesser amount than what is owed. While this is a very appealing option, the reality is that only a small portion of all taxpayers actually qualify for these settlements. At Blueprint Resolution Services, we will not mislead you about whether an Offer in Compromise is right for you. We aim to provide efficient solutions instead of wasting your time and money pursuing highly unlikely outcomes. We will be very clear about whether you are a candidate for this type of settlement and will only recommend it if we are confident it will be successful. If you are a candidate, we will prepare and submit the necessary documentation before negotiating the most favorable settlement available to you under the circumstances.
This is a payment plan for your tax liabilities. There are several options available depending on the amount owed, the amount of time remaining before the balances expire, and your current financial situation. Many tax companies will simply provide a “take-it or leave-it” payment plan option to minimize the amount of work required of them without taking the time to prepare a customized recommendation for each client based on their specific preferences and current financial circumstances. At Blueprint Resolution Services, we will clearly lay out all of your options upon reviewing the details of your situation and secure the most favorable payment arrangement available to you under the circumstances.
If you truly cannot afford to make any payments towards the back taxes, Blueprint Resolution Services can secure this temporary status for you to provide relief against IRS and State collection actions. This process requires a detailed analysis of your financial documentation and significant negotiations with the taxing authorities, which are usually best-handled by a tax professional. Further, once the CNC status has been secured, we can work with you to implement the necessary changes to prevent additional tax issues and plan for a final resolution of your tax liabilities down the road.