Explore Your Tax Debt Options
Offers in Compromise • Installment Agreements
The government will not put you in jail for inability to pay taxes, only for unwillingness to try. If you cannot pay your back taxes and accumulated penalties, contact the law firm of Lana Kurilova Rich PLLC to explore a payment plan or negotiated settlement.
We represent individuals and businesses in resolving tax debts owed to the IRS or the taxing agencies of the State of Washington. Based in Bellevue, our experienced tax attorney serves the greater Seattle area, as well as clients statewide and nationwide. Call us at 425-214-4351 or toll-free at 866-418-3175 for a free initial phone consultation.
Installment Agreements (Payment Plans)
If you have some ability to pay, but cannot satisfy the tax obligation with a lump sum, the IRS or the Washington Department of Revenue will usually agree to an installment agreement, commonly known as a payment plan. We assess your financials to ensure that you can make the monthly or quarterly payments without creating hardship, and we negotiate to halt or cap the interest and penalties.
The Offer in Compromise
This option is sometimes misunderstood. You cannot negotiate with the IRS if the government knows you have the means to pay, including liquidating other assets. However, if you truly do not have the means to pay the IRS, the agency would rather get something than nothing. Offers in compromise are based on your ability to pay. While "pennies on the dollar" is rare, it is not uncommon for clients to cut their tax debts by half or more. The amount of your Offer will largely depend on your total net worth. Once you have paid the negotiated amount — along with any penalties — the remaining taxes are forgiven.
Tax lawyer Lana Rich brings 5 years of experience in tax controversies, and she explains your options in a language you can understand. Contact us today for a free initial phone assessment. We can quickly determine if you would likely qualify for an installment agreement or an offer in compromise.
