ERNEST LEE LLP
Tax, International
Founded in:
2006
ERNEST LEE LLP
Main Office
5184 Industrial Drive
Hurricane, UT 84737
Office Hours
7AM-7PM DAILY
Other Locations
37.159697,-113.40543
Lawyers
Premium
Ernest Lee
Tax, International Tax, Income Tax, Sales & Use Tax, Sales & Use Tax
5184 Industrial Drive
Hurricane, UT 84737
About Law Firm
ERNEST LEE LLP, advising clients around the world while keeping a small town perspective, operating with the utmost honesty and integrity.
Founded originally in London, we now have offices in the US and UK. Our clients come from over 20 countries across three continents with more than half our revenue coming from outside the US. We believe that the personal attention we pay to all of our clients is crucial to our success.
Our approach is to get deep inside our clients' businesses, providing simple solutions to the most complex of issues. We anticipate and design effective solutions to solve these issues, often providing our clients with a commercial edge.
Our lawyers and support staff are highly talented and value a strong team ethic. We pride ourselves in being a small group of highly motivated individuals working toward a common goal.
Founded originally in London, we now have offices in the US and UK. Our clients come from over 20 countries across three continents with more than half our revenue coming from outside the US. We believe that the personal attention we pay to all of our clients is crucial to our success.
Our approach is to get deep inside our clients' businesses, providing simple solutions to the most complex of issues. We anticipate and design effective solutions to solve these issues, often providing our clients with a commercial edge.
Our lawyers and support staff are highly talented and value a strong team ethic. We pride ourselves in being a small group of highly motivated individuals working toward a common goal.
Notable Work
Publications
Offer in Compromise Guide
An offer in compromise allows you to settle your tax debt for less than the full amount you owe. It may be a legitimate option if you can't pay your full tax liability, or doing so creates a financial hardship.
The IRS considers your unique set of facts and circumstances:
Ability to pay;
Income;
Expenses; and
Asset equity.
The IRS generally approves an offer in compromise when the amount offered represents the most we can expect to collect within a reasonable period of time. A taxpayer is advised to explore all other payment options before submitting an offer in compromise. The Offer in Compromise program is not for everyone.
Make sure you are eligible
Before the IRS can consider your offer, you must be current with all filing and payment requirements. You are not eligible if you are in an open bankruptcy proceeding. Use the IRS Offer in Compromise Pre-Qualifier to confirm your eligibility and prepare a preliminary proposal.
Submit your offer
You'll find step-by-step instructions and all the forms for submitting an offer in the Offer in Compromise Booklet, Form 656-B (PDF).