Disclaimer
The information provided herein is intended solely as a general sample related to settlement negotiation correspondence in tax matters. It does not constitute legal or financial advice and should not be relied upon as a substitute for consulting a qualified professional experienced in tax settlement strategies. Regulations and procedures may differ based on jurisdiction, and modifications may be necessary to ensure compliance with local requirements. The use of this example is at the user’s own risk, and no liability is assumed for any errors, omissions, or consequences resulting from its use without expert review.
Please note: This is a sample Offer In Compromise Letter template for the United States, provided for general informational purposes only. Actual content may vary based on individual circumstances and legal requirements.
Offer In Compromise Letter Sample US
Parties:
Taxpayer: [Your Name]
Address: [Your Address]
Internal Revenue Service (IRS): [IRS Address]
Tax Debt Details:
Outstanding Tax Year(s): [Year(s)]
Total Amount Due: [$Amount]
Offer Terms:
The taxpayer proposes an offer in compromise of [$Offer Amount] to settle the total tax debt. The offer is based on the taxpayer’s ability to pay, income, expenses, and asset evaluation.
Supporting Information:
Documentation regarding income, expenses, assets, and liabilities is attached to substantiate the offer amount.
Legal Certification:
The taxpayer affirms that the information provided is accurate and complete to the best of their knowledge and understands that submitting this offer does not guarantee acceptance.
Governing Law:
This offer in compromise is submitted under the authority of the Internal Revenue Code and applicable federal laws.
Additional Provisions:
- The IRS is not obligated to accept the offer and will review it according to established procedures.
- The taxpayer agrees to provide any further documentation or information requested during the review process.
- Acceptance of the offer may be subject to payment of the agreed amount and compliance with applicable tax laws.
[City], ________________
[Taxpayer Name]
[IRS Representative Name]