Offer in Compromise (OIC)

Settle Your IRS Debt for Less Than You Owe

If you’re drowning in tax debt you can’t afford to pay, the IRS may be willing to settle for less. Through an Offer in Compromise (OIC), you can negotiate your total balance down to an amount that truly reflects your ability to pay. We’ll guide you through the process and fight for the lowest possible settlement.

What Is an Offer in Compromise?

An OIC is an agreement between you and the IRS that allows you to settle your tax debt for less than the full amount owed. It’s designed for taxpayers who are unable to pay their full liability without causing financial hardship.

Only about 30–40% of applications are accepted, so having an experienced professional prepare your case is critical.

Who Qualifies?

You may be eligible for an OIC if:

  • You can’t pay your full tax debt before the statute of limitations runs out.

  • Paying the full amount would cause you financial hardship.

  • You’ve filed all required tax returns and made all estimated payments.

  • You’re not in an active bankruptcy proceeding.

Even if you don’t qualify, other options (like installment agreements or Currently Not Collectible status) may be available.

Schedule a free consultation

How We Help

When you work with us, we’ll:

  1. Evaluate your eligibility using IRS financial standards.

  2. Prepare and file Form 656 & supporting documents with accuracy and detail.

  3. Negotiate with the IRS to present the strongest case for acceptance.

  4. Protect you from mistakes that could delay or sink your application.

  5. Build a long-term plan to keep you compliant after the settlement.

  • There’s no set percentage. The IRS calculates a “reasonable collection potential” based on your income, assets, and expenses. We work to make sure that number is as low as possible.

  • Typically 6–12 months from submission to decision. The IRS will suspend collection efforts while your OIC is under review.

  • We’ll explore other resolution options such as installment agreements, hardship status, or penalty abatement.

Frequently Asked Questions

Get a Fresh Start

Don’t let overwhelming tax debt control your future. Let us fight to get you the relief you deserve through an Offer in Compromise.