Alphabet Soup: Offers in Compromise
Presented by Michael DeBlis III
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Course Description
Length: 1h 5min Published: 6/18/2025 
Taxpayers who have few assets and little prospect of generating sufficient income to pay a tax liability in full may be allowed to strike a settlement for less than the full amount due to settle their case. This is known as an offer in compromise. The IRS's acceptance of an offer in compromise conclusively settles the liability once and for all, absent fraud or mistake. This presentation will cover the nuances of offers in compromise highlighting the issues that arise most frequently.
Learning Objectives
* Understand the concepts and goals of a tax disptue
* Learn about collateral agreements
* Know what happens when the IRS accepts an offer in compromise
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Presented By:
Michael DeBlis III
Bloomfield, NJ
973-783-7000
mjdeblis@deblislaw.com
