Offers in Compromise

An Offer in Compromise could be just the Solution you need. Find out today.
Maybe you didn’t know that the IRS has an Offer in Compromise program that can be utilized by the tax payer when liability has been incorrectly assessed or when total liability is more than you can afford to pay.

When presented correctly to the IRS, this might mean your tax liability is entirely eliminated for as little as 5-15% of the total amount.

Our experienced tax specialists can help you determine if you might qualify for an Offer in Compromise, or if a tax payment plan would be the better route for you to go.

Fill out the form at the bottom of this page for a FREE Consultation if you need help solving your tax problems.

A Why Estate Planning Now Take by Florida Tax Prep & Rep

Yeah, we all know that old adage about death and taxes (one with which I’m intimately familiar in my line of work).Yet so few people think to plan for either inevitability. We seem to have an obsession with avoiding them – and believe me, I get it. And I’m obviously...

Tax Documentation Ocala Filers Should Keep and Why

Yes, it’s true, Ocala friends… the financial markets look pretty rough as I write this, on top of a pretty rough end of last week. Inflation continues to wreak havoc … and the smartypants quants in Wall Street don’t seem to have confidence that the government or the...

How Ocala Taxpayers Can Check Their Social Security Statement and Status

 Are you stressed? Anxious?If so, you're not alone. As someone who is "in the trenches" with MANY Ocala families and small business owners (as well as plenty outside of our Ocala area), I'm hearing from many who are deeply struggling ... and who also find that...

Florida Tax Prep & Rep’s Guide to The Tax Benefits of Marriage (& Drawbacks)

Memorial Day always seems to be the mark of the start of summer: school’s out, Ocala pools open, backyard barbecues commence, and wedding season goes full tilt (I’ve got some insight on the tax benefits of marriage coming at you today)... Seems strange that...

Multilevel Marketing Tips for Ocala First-Timers

Summer break. For Ocala school-age children, those are the two sweetest words in the English language. For parents, it’s … a mixed bag. You might have family vacations and cookouts and some memory-making planned, but it also means YOU are the one figuring out what to...

Ken Kohlhof’s Case for Umbrella Insurance

So, this is the time of year when IRS notices start pouring into Ocala mailboxes. And while the IRS has put a hold on a lot of those, some are still trickling through.And no one likes getting them.The problem right now is that the IRS is still in “treading water” mode...

Buy Now Pay Later Pitfalls Ocala Shoppers Should Beware

Although the strain of tax season is behind us, I know we all are feeling the weight of financial strain on our daily lives.The pressure cooker of inflation, pandemic / post-pandemic, cultural upheavals, global friction, political shifts, etc. has really taken its...

When Amending a Tax Return Is Right for Ocala Taxpayers

Here we are in May. The tax deadline is in the rearview … and we’re still here for our Ocala friends. Ready to rock on your behalf. Today I’m talking about second chances.Ctrl + Z. Ever used that keyboard shortcut? It’s also known as the “undo” button – a do-over...

Why Disability Insurance Matters – Ken Kohlhof’s Take

Now that the tax deadline has come (and gone - whew!), it’s time to start thinking about the rest of 2022… and future possibilities of all kinds – both good and, well, not so good. The good? There are steps Ocala taxpayers like you can take now to help lower next...

How Ocala Taxpayers Can Wisely Spend A Tax Refund

By the time you read this, the tax deadline will have just passed and our Ocala tax office will be taking a long, deep breath. (Serenity now!) These days have been a whirlwind of activity for us here at Florida Tax Prep & Rep, and not just because of tax...

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