People Choose Nick Nemeth because IRS Tax Resolution deserves the attention of a Lawyer. Nick has been an attorney for more than 25 years. He has in depth experience in helping individuals and businesses with diverse IRS tax issues. His dynamic experience has afforded him an in-depth knowledge base and skills to negotiate with the Internal Revenue Service. He possesses consistency in successful legal representation. Nick has an ease with his ability to explain complicated IRS tax issues to clients and help them understand fully what they are facing.

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Offer in Compromise

Myirsteam > IRS Tax Resolution > Offer in Compromise

Offer in Compromise in Dallas-Fort Worth, TX

An Offer in Compromise (OIC) is an agreement between the IRS and taxpayers that allows those who qualify to settle their IRS debt for less than what’s owed. An OIC is part of the IRS’ Fresh Start Initiative, which is designed to help taxpayers facing financial hardship settle their IRS issues, thus giving them a “fresh start.” Navigating the OIC process can be complex, as it requires a thorough evaluation of your financial situation, submission of detailed documentation, and negotiation with the IRS to reach a mutually agreeable settlement. Retaining the services of an experienced tax law firm, like the Law Offices of Nick Nemeth, can be invaluable in guiding you through the OIC application process, ensuring all necessary documentation is accurately prepared and increasing the likelihood of a successful outcome.By obtaining professional assistance, you can efficiently resolve your tax issues and move forward with the peace of mind that comes from a clean financial slate.

FREE CASE EVALUATION & CONSULTATION

Is it Right for You?

Before applying for an OIC, you must first determine if you meet the criteria to be a candidate. Some of the requirements to be eligible for an Offer in Compromise include the following:

All personal tax returns are filed
All business tax returns are filed, if applicable.
Ensure you have sufficient payroll withholding or are current with your quarterly estimated tax payments if you are self-employed.
If you operate a business with employees, ensure you are compliant with your federal tax deposits.
You must demonstrate the inability to pay back what is owed through a detailed financial analysis.

How We Help

Helping taxpayers with Offer in Compromise cases is one of our core competencies. Nick and his team of experienced attorneys, financial analysts, case managers, enrolled agents and CPAs have years of experience dealing with offers in compromise. Rest assured, The Law Offices of Nick Nemeth will leave no stone unturned when developing a plan to resolve a taxpayers’ IRS problems, and if there is any way possible to qualify for an OIC, we will find it!

Our Practice Areas

Offer in Compromise

An Offer in Compromise (OIC) is an agreement between the IRS and taxpayers that

IRS Tax Installment Agreement

An IRS Installment Agreement is a provision that enables taxpayers to pay their

Innocent Spouse Tax Relief

When a married taxpayer files a joint tax return to get the benefit of the filing status

Abatement of Penalties & Interest

It seems like the Internal Revenue Service loves punishing taxpayers with

Currently Non-Collectible Status

Many taxpayers are unable to pay their tax debt for a variety of reasons including simply

IRS Fresh Start Initiative

In 2011, the Internal Revenue Service announced a series of new steps to help people

Tax Extension

There are times when you cannot file your tax return before the deadline and need some

10 Dec 2024

IRS Tax Debt Relief: What You Need to Know About Genuine and Counterfeit Tax Settlement Firms

You may have stumbled across a number of TV commercials for tax debt settlement firms that promise to settle your...

28 Nov 2024

Answering Frequently Asked Questions About IRS Tax Liens

A federal tax lien is the IRS’s legal claim against the taxpayer’s property when they neglect or fail to pay...

18 Nov 2024

Can You Truly Rely on Online IRS Resources for Tax Problems?

Taxpayers seeking help with their tax problems can turn to online resources for information, including tools and guides for managing...

Understanding IRS substitute tax returns

07 Nov 2024

IRS Filing a Substitute Return? Here’s What You Need to Know

If you have an unfiled tax return, you might think the IRS will simply forget about it. However, the reality...

Myths and Facts of IRS Innocent Spouse Tax Relief

25 Oct 2024

IRS Innocent Spouse Tax Relief: Myths, Who Qualifies, and How to Claim Relief

Many married taxpayers file a joint tax return to qualify for the tax benefits it entails. In cases, wherein one...

4 Common IRS Problems and Key Taxpayer Tips

18 Oct 2024

4 Common IRS Problems and 2 Examples of What Taxpayers Should Know

Taxation-related issues may seem trivial on face value, but they can snowball into serious problems if left unchecked and not...

NEED IRS DEBT RELIEF?

Call us or fill out the Free Case Evaluation Form to schedule your FREE confidential consultation in Dallas, Fort Worth, San Antonio, Houston, Austin and nearby areas in Texas.

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What Our Clients Have to Say

The Law Offices of Nick Nemeth

4.5

Based on 82 reviews

review us on

Brent Vahle

19:13 02 May 24

I called to see if they could help reduce some penalties and fees. The person I spoke with told me it might be counterproductive for them to take my case since their feels would likely equal the amount of penalty/interest abatement. I decided to pass on moving forward but was so happy to hear a legal team, or any business for that matter, who has that much integrity. I feel most others would likely try to take my money anyway. I hope I never have to go through this again, but if I do, I will definitely use the Law Offices of Nick Nemeth!

Jason Winkle

18:44 02 May 24

Jaime Flores was very friendly, professional, and knowledgeable. She gave me some very valuable information which helped guide me with a plan of action. The free consultation is very much appreciated.

Matthew Swigart

12:14 02 May 24

Great attorney who was able to provide quick and useful advice. Although my situation did not warrant their services, they still took the time to discuss solutions I could explore. I highly recommend visiting this office!

Tony Pantoja

12:57 09 Apr 24

Very professional and very knowledgeable, Jamie Flores was very straight forward and professional, a firm that doesn’t just take your money, Thanks

Carla Atwal

10:52 02 Apr 24

Nick was wonderful in guiding me with direction on some tax questions I had. He was concise, and to the point, and was happy to provide general info to me at no charge. I truly appreciate him and would highly recommend him.

Miguel Alvarado

15:56 25 Mar 24

By far the best attorneys I have ever worked with. They’re are very helpful and supportive from day one. They went above and beyond to make sure all my documents were submitted on time and gave updates as soon as they received them. I cannot name a single flaw in their work. Their team of assistants are very professional and seem to all be on the same page. I’ve made multiple phone calls and sent a ton of emails to their staff and they were able to help me all through the course of the case. I cannot express my gratitude enough for how excellent they handled my case.

Lucy Foy

06:55 19 Jan 24

My first appointment I had with, Tax Attorney Nick Nemeth, gave me such a sense of relief. He listened and gave me his professional advice, Mr Nemeth took my case. I was well kept updated, by phone calls and letters. That really impressed me and gave me so much confidence in them. The case went on for a couple of months. The day I received the call from one of his team members Kyle, informing me that the case was resolved and that I owed absolutely nothing to the IRS, I was overwhelmed with joy. I would recommend this law firm to anyone that needs help, with any tax issue. Thank you, to the Law Firm of Attorney Nick Nemeth and his team.

Bradley Runyon

20:17 13 Jan 24

I received a tax bill in the mail from the IRS last year in 2023. The fees and penalties I owed were something I myself could not afford. I reached out to Nick Nemeth's firm and received the best experience you could imagine. The team was professional, educational, and fast. If you have a tax issue with the IRS using another firm other than Nick Nemeth's would be an error in judgment. I would recommend their services above others.

Sue Hulseman

19:55 11 Jan 24

Working with Nick Nemeth and his team to resolve my debt with the IRS was the best decision I could have made. I felt such relief knowing I didn’t have to deal with the IRS myself. They did a wonderful job and were responsive to my questions and kept me abreast of my case. My outcome was exactly what I was hoping for. I strongly recommend using them if you have an issue to resolve with the IRS.

R G

20:53 21 Dec 23

I had an incompetent tax preparer, who also ignored several notices from the IRS, which in the end resulted in a lien on my property. I did not know what to do and an attorney friend recommended that I contact the Nick Nemeth Law Offices. I met with Jamie Flores and Ivan Nalbantov in December 2021 for a free consultation, and right away was impressed by their thorough examination of my paperwork and extensive knowledge of IRS tax laws. I felt not pressured and appreciated their advice and in the end decided that I would pursue resolving the issue by myself. I paid the IRS Civil Penalty and, as recommended also submitted a letter to the IRS requesting a refund and explaining what happened. I am glad to report that my persistence finally paid off. My case took two years to resolve and I finally received a full abatement/refund check from the IRS in December 2023. I could not have done this without the straightforward recommendation of Jamie and Ivan; and I highly recommend the Nick Nemeth Law Offices to anyone needing help with the IRS.

Susan Wilson

03:27 25 Jan 23

I have been very pleased with the solid counsel and guidance that Nick Nemeth has provided me regarding my tax issue. I found him to be honest and straightforward which I appreciated. I was impressed with his relevant experience and knowledge . He has definitely brought me peace of mind during a difficult and stressful time.

Sarah Howard

03:44 14 Nov 22

I would like to thank Mr. Nick and his staff for the superb help that I received from them. My IRS problem was resolved quickly and efficiently. It took 2 visits to convince me that I was over my head. I thought that I could call the IRS, appeal my tax notices and settle on a payment plan on my own. After many phone calls to the IRS, waiting sometimes more than 4 hours with no resolution to speak of, it proved to be extremely difficult and stressful. Revisiting Mr. Nick was a huge wake up call. My account was reviewed, and a payment plan was established with the IRS within a week. I will be forever grateful to the staff who worked on my case and especially to Lorna who listened to me vent while going through this painful process.

M W

00:33 07 Aug 22

I cannot say enough good things about Nick and his team. When I first met with Nick he was up front, honest, friendly and efficient. When I worked with one of his attorneys, Eric B, I was just as pleased. All of the staff there are nice and very helpful. I wish I hadn't waited so long to get help with my issue. Over 6yrs I tried getting through and getting anywhere with the IRS and hardly made any progress. I know this may not be the case for all, and even I thought it would take longer than it did, but 3mos and they had my situation straightened out. I still can't believe it. Thank you thank you THANK YOU for all that you did for me. This is a huge burden gone out of my life now thanks to you. If anyone needs help out there, I know you may not want to shell out more money to get their help but it may just save you in the long run.

Spoilly Girl

23:49 03 Aug 22

The Nemeth Law team is exceptional. They treat their clients like a family member who is in crisis. They want you to get the best possible outcome. I really appreciate everything that they did for me. Jake and Ashley had the greatest role in my case and it all turned out for the best for me. Thank you Nick and team for easing my fears and getting me through the long process. I'm truly grateful.

Eddie Walt

19:44 12 Jul 22

During a time in which competent, professional service at a fair price seems to have disappeared, Mr. Nemeth and his team are a refreshing breath of fresh air.From my first phone call to the final settlement of our case with a non-responsive IRS, they under-promised, over-delivered and were in constant courteous contact to make sure we knew exactly what was happening and where we stood.I hope to never need their services again, but, should I receive another friendly letter from the IRS...I know who to call!

Proud to have received
“IRS Tax Lawyer of The Year, USA"
at FM Taxation Awards 2024

We are proud to announce that Nick Nemeth, the founder and driving force at The Law Offices of Nick Nemeth, has been recognized as the "IRS Tax Lawyer of The Year" in the USA, by the prestigious FM Taxation Awards, validating his unwavering commitment to providing exceptional IRS tax representation and advocacy.

Whether dealing with IRS audits, tax liens, wage garnishments, or other tax controversies, our firm is dedicated to protecting your rights and helping you achieve the best possible outcome.

We are honored by this recognition and remain committed to delivering the highest standards of legal service for all your tax-related needs.

Offer in Compromise in Dallas-Fort Worth, TX

FREE CASE EVALUATION & CONSULTATION

Is it Right for You?

How We Help