Offer in Compromise

Failing to pay your tax liability can spiral into mounting penalties and enforced collections. An Offer in Compromise (OIC) is an IRS program that lets qualifying taxpayers settle their federal tax debt for less than the full amount owed. Our licensed professionals guide you through every step to maximize savings and secure a definitive resolution.

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What Is an Offer in Compromise?

An Offer in Compromise is a formal agreement between you and the IRS to settle your outstanding tax balance for a reduced amount. The IRS evaluates your Reasonable Collection Potential (RCP)—based on income, expenses, and asset equity—and accepts an offer when it represents the most the agency can realistically collect.

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Why an OIC May Be Right for You

• You lack ability to pay: If your financials show you cannot satisfy the full liability through an Installment Agreement.
• Avoid enforced collections: Stops wage garnishments, bank levies, and federal tax liens upon acceptance.
• Eliminate penalties & interest: Erases ongoing penalties on the settled portion of your debt.
• Reclaim financial control: Provides a definitive end to IRS uncertainty and stress.

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OIC Eligibility Criteria

1. File All Required Returns: All federal and state returns must be up to date.
2. Current with Payments: Any existing Installment Agreements should be in good standing.
3. Financial Disclosure: Submission of Form 433-A or 433-F to document assets, income, and necessary living expenses.
4. Offer Amount: Must meet or exceed the IRS’s RCP calculation, paid as a lump sum or periodic payments.

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Our 6-Step OIC Process

Free Case Evaluation

We audit your IRS transcripts and notices—at no cost—to confirm OIC eligibility.

Financial Analysis & Strategy

We calculate your reasonable collection potential and identify allowable living expenses.

Package Preparation

We complete Form 656 (Offer in Compromise) and Form 433-A/B, and assemble supporting hardship documentation.

Submission & Negotiation

We file your OIC package, handle IRS queries, and negotiate terms on your behalf.

Follow-Up & Approval

We monitor IRS correspondence, respond to appeals, and push for timely acceptance.

Post-Acceptance Management

We confirm payment processing and verify that no further collections actions remain on your account.

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