Offer in Compromise

OFFER IN COMPROMISE

Facing overwhelming tax debt can feel like a dead end. But there’s hope. An Offer in Compromise (OIC) allows you to settle your tax debt with the IRS for less than the full amount you owe.


Our experienced tax attorneys can help you determine if an OIC is right for you and guide you through the entire process.

Here’s what you need to know:

  • What it is: An OIC is an agreement between you and the IRS where you offer a lump sum payment or agree to monthly installments to settle your debt.
  • Who qualifies: Not everyone qualifies for an OIC. You must meet specific criteria related to your ability to pay and the future collectability of your tax debt.
  • Benefits: Settling your debt through an OIC can provide significant benefits, including:
  • Reducing your tax debt by a substantial amount.
  • Stopping the accrual of penalties and interest.
  • Avoiding further IRS collection actions, such as wage garnishments and property liens.
  • Our role: Our tax attorneys will:
  • Evaluate your eligibility for an OIC.
  • Gather necessary documentation and prepare your OIC application.
  • Negotiate with the IRS on your behalf to maximize your chances of approval.
  • Guide you throughout the process and answer any questions you may have.

Don’t let tax debt control your life. Contact us today for a confidential consultation to explore if an OIC can help you find financial peace.

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