Tax Settlement Services: Resolve IRS Debt for What You Can Actually Pay

A Real Settlement Is The Result Of A Process, Not A Promise. We Review Your Finances Honestly And Pursue The Settlement Your Numbers Actually Support

Most people searching for an IRS settlement are facing IRS notices or collection pressure. While a reduced settlement may sound simple, approval depends on strict financial qualifications.

At Bowes & Sullivan Tax Group, our tax settlement services are handled by former IRS agents, attorneys, and CPAs who review your situation and determine whether a tax debt settlement, payment plan, or hardship option is realistically available.

What Settling IRS Tax Debt Really Means

An IRS tax settlement is not a discount program or automatic debt reduction. It is a financial review where the IRS decides how much you can realistically pay based on your income, expenses, assets, and overall financial situation.

A true IRS settlement program evaluates your income, necessary expenses, asset value, and ability to pay over time. The IRS uses this information to calculate your reasonable collection potential, which determines whether a reduced settlement is approved or if other options are needed.

IRS Settlement Options We Pursue

We evaluate all available IRS resolution programs to determine the most realistic path for your situation. Every case is different, and no single solution applies to all taxpayers.

Offer in Compromise

An Offer in Compromise is a common IRS settlement option that may allow eligible taxpayers to settle for less than the full amount owed, but approval depends on strict IRS review. We evaluate your income, expenses, assets, and ability to pay. Because the IRS rejects many applications, strong preparation is essential.

Partial Pay Installment Agreement

When a full IRS settlement isn’t approved, a Partial Pay Installment Agreement may allow reduced monthly payments based on what you can realistically afford. Unlike standard plans, payments can adjust over time with changes in your financial situation. We also compare this option with a full tax debt settlement to find the best long-term solution.

Currently Not Collectible and Penalty Relief

If you cannot make payments, the IRS may place your account in Currently Not Collectible (CNC) status, temporarily pausing collection due to financial hardship. This can stop actions like wage garnishments and bank levies. We also help reduce penalties that increase your total IRS tax settlement burden and give you time to regain stability.

How the IRS Decides What It Will Accept

If you can’t pay, the IRS may place your account in Currently Not Collectible (CNC) status, temporarily pausing collections due to hardship. This can stop actions like wage garnishments and bank levies. We also help reduce penalties that increase your overall IRS tax settlement amount.

Financial Review and Eligibility Check

The IRS reviews your full financial situation, including income, expenses, assets, and ability to pay, to determine eligibility for tax settlement services or other resolution options. Accuracy is essential, as incorrect or incomplete information can delay or affect your IRS tax settlement request.

Building the Strongest Case Your Numbers Support

Once eligibility is reviewed, your financial case must be structured to meet IRS requirements in a clear and compliant format. This includes income documentation, expense records, asset valuation, and supporting financial statements. Strong preparation improves approval chances under an IRS settlement program.

Submission, Negotiation, and Appeals

After you submit your case, the IRS may ask for more documents, negotiate the terms, or approve or reject your offer. In some cases, you may need to appeal or resubmit. This stage plays a key role in the outcome of your tax debt settlement, so careful handling is important.

Why Choose Our Former IRS Settlement Team

IRS settlement cases are reviewed under strict IRS rules, so proper preparation matters. Our former IRS agents, attorneys, and CPAs understand how the IRS evaluates each IRS tax settlement and prepare your case accordingly.

We Tell You Up Front If a Settlement Is Realistic

Not every taxpayer qualifies for an IRS settlement, and Bowes & Sullivan Tax Group doesn’t pretend otherwise. We review your financial situation first and provide a clear, honest assessment of your actual options before any work begins.

Transparent Fees, No Guarantees of Pennies on the Dollar

Many firms use unrealistic marketing claims, but we don’t. We provide honest evaluations and clear expectations for every IRS tax settlement case. We focus on realistic outcomes, settlement probability, and strategies based strictly on IRS rules. Even experienced tax settlement attorneys cannot guarantee results, since the final decision is made by the IRS.

Find Out What a Realistic Settlement Looks Like for You

Finding the right IRS settlement option starts with understanding your financial reality and IRS eligibility rules. At Bowes & Sullivan Tax Group, we help you evaluate your options clearly so you can move forward with confidence.

Frequently Asked Questions

How much will the IRS settle a tax debt for?

There is no fixed percentage or standard amount. A tax debt settlement depends on your income, expenses, assets, and overall ability to pay.

Is tax settlement the same as an Offer in Compromise?

No. An Offer in Compromise is one type of IRS settlement program. Other options may also be available depending on your financial situation.

What happens if my settlement offer is rejected?

You may appeal the decision, submit a revised offer, or explore alternatives like installment agreements or hardship status.

Do you handle settlements for Georgia and nationwide clients?

Yes. Our tax settlement services are available across the United States. We work with clients regardless of location.

Can the IRS pursue business owners for unpaid payroll taxes?

Yes. If payroll taxes were withheld but not paid, the IRS can hold certain individuals
personally responsible. These cases require immediate attention because liability can
extend beyond the business itself. Bowes & Sullivan represents business owners
directly in these matters.