Offer in Compromise (OIC) Help
An Offer in Compromise may allow eligible taxpayers to settle IRS tax debt for less than the full amount owed. Qualification depends on income, assets, expenses, and compliance status.
What Is an IRS Offer in Compromise?
An IRS Offer in Compromise is a program that allows qualified taxpayers to settle a tax debt for less than the total amount owed when the IRS determines the offered amount reflects the taxpayer’s ability to pay.
An Offer in Compromise is not automatic. The IRS evaluates financial information, compliance history, and the type of tax liability before approving an offer.
Who May Qualify for an Offer in Compromise?
An Offer in Compromise may be appropriate when a taxpayer cannot reasonably pay the full balance through a lump sum or monthly payments.
You are current (or can become current) with required tax filings
Your financial situation shows limited ability to pay the full balance
You can document income, assets, and necessary living expenses
You can make the required offer payments and remain compliant going foward
Many taxpayer do not qualify. Pre-qualification helps determine whether an OIC is realistic before submitting an applicaiton.
Common Reasons Offers Are Denied
Missing or unfiled tax returns
Incomplete financial documentation
Offer amount below what the IRS believes you can pay
Not staying current on estimated tax payments or withholding
Equity in assets that increases ability to pay
Our Offer in Compromise Process
Pre-Qualification & Case Review: We review your situation to determine whether an OIC may be a viable option.
Compliance & Investigation: We confirm filing compliance and review IRS transcripts, balances, and collection history.
Financial Analysis & Offer Calculation: We analyze income, assets, and allowable expenses to determine ability to pay and estimate a realistic offer amount.
Submission, Follow Up, and Negotiation: We prepare the OIC package, submit required forms and supporting documents, and communicate with the IRS through the review process.
Offer in Compromise FAQs
Do I automatically qualify for an Offer in Compromise?: No. Qualification depends on income, assets, expenses, and compliance status.
How long does the Offer in Compromise process take?: Timelines vary based on IRS processing and case complexity. Some offers take many months to review.
Can I submit an Offer in Compromise if I have unfiled tax returns?: Generally, no. Missing returns typically must be filed before the IRS will consider an offer.
Do you help taxpayers nationwide?: Yes. We are licensed to represent taxpayers before the IRS in all 50 states.
See If You May Qualify for an Offer in Compromise
Complete our pre-qualification form to determine whether an Offer in Compromise or another IRS tax resolution option may be available. Not all cases qualify.