Yes, several things could make you ineligible for a settlement with the Oklahoma Tax Commission. Specifically, you may not be able to settle your Oklahoma tax debt if:
- You do not meet the eligibility criteria for requesting a settlement.
- You lack proper grounds for requesting a settlement.
- You collected trust fund taxes as part of your business and are requesting a settlement for less than the amount you collected.
- You are an appointed or elected official.
If you are eligible to settle your outstanding tax debt with the OTC, then you must take the initiative by proposing a settlement. Eligibility does not mean that the OTC will accept the settlement offer that you propose. Instead, it means that you have standing to make such a request.
In order to maximize the chances of your settlement offer being considered and accepted by the OTC, the offer must meet the requirements set forth by the Oklahoma Tax Commission and be reasonable.
You don’t have to draft your own settlement agreement. You have a lot at stake, and it is important for you to get it right. Accordingly, we encourage you to contact an experienced Tulsa tax lawyer today for help. We will do our best to help you resolve your tax problems and move on with your life. For more information, please call us today at 800-721-7054, and please read our FREE book, The Ultimate Survival Guide for IRS Problems.