Are you considering pursuing an offer in compromise or an installment plan with the IRS? If so, there are things you are required to do before the IRS will consider your request. Find out more in this video from a Virginia tax and business lawyer.

Before the IRS will consider an individual or business installment plan or an offer in compromise, you need to make sure that all your tax returns that were due have been filed and that you are up to date with your current taxes. For businesses, quarterly 941 returns should have been filed, as well as the current tax return, if one is due. Businesses need to demonstrate they have been making their current monthly payments in order for the IRS to consider an offer in compromise or installment plan.

For IRS problems in Virginia, turn to a knowledgeable Fairfax tax and business lawyer at the Sodowsky Law Firm. Get your tax questions answered in a confidential consultation. Call us today at (703) 476-1176 to schedule your confidential consultation, or visit us online at to view our frequently asked questions and answers.

To talk about your tax issues and learn about your rights with our Virginia Tax and Business Lawyer, contact the Sodowsky Law Firm in Fairfax at 703.476.1176.