States with Offer in Compromise
Arizona Arkansas California New York Rhode Island Texas
are examples of states who have a formal offer
in compromise programs although This is an incomplete list of those states
having an offer in compromise program. Virtually every state
has one or more negotiating programs. Some states will abate
penalties only, some will sometimes abate interest also, some will
put you on a non-collect status. There are many ways to
negotiate with States.
There also exists a multi-state program for
negotiating business liabilities. Most states are
participating in this program and many states have expanded the
voluntary disclosure program.
Some states have implemented tax amnesty
programs which boils down to a limited time offer to pay tax due,
avoid penalties and sometimes avoid interest.
As states search for more and more revenue to
fund programs without tax increases, look for higher collection
efforts, a tougher approach, partially offset by the
politically correct tax amnesty and offer in compromise programs.
We suggest you call us to determine your
course of action. We can sometimes reach a recommended
settlement with a state under voluntary disclosure which will not
reveal who you are.
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