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December 28, 2025
The Offer in Compromise acceptance rate dropped sharply in FY 2024 as new federal data shows fewer tax debt settlements approved despite rising applications.
The Offer in Compromise Pre-Qualifier Tool helps taxpayers review tax debt eligibility and estimate settlement options before filing a formal OIC application.
The audit shows the IRS paperless processing initiative is progressing slowly as the Internal Revenue Service works to digitize paper tax returns.
IRS digitization of historical records is speeding up, reducing paper backlogs and improving access to tax returns, transcripts, and prior-year data.
IRS tax professional access requirements tighten ahead of filing season as stronger authentication and identity verification expand across practitioner portals.
IRS multi-factor authentication will be required for tax professionals accessing practitioner portals to strengthen protection for taxpayer data.
