Offer in Compromise

Offer in Compromise (OIC) is a payment option offered by the IRS to taxpayers who are financially unable to pay the total amount of their tax debt and settle it for less than the full amount they owe.

The IRS considers several factors when deciding whether or not to accept an OIC, including:

  • The amount of your debt
  • Your income and assets
  • Your ability to pay
  • Your commitment to timely file taxes in future years

If you’re still unsure whether you qualify for this tax relief option, we’re here to help. Talk to our tax professionals today and be informed for the suitable resolution of your case!