Offer In Compromise

If you are facing IRS collection actions, the idea of settling through an Offer in Compromise (OIC) may sound like a relief. One of the biggest questions taxpayers ask is … Read more

Applying for an Offer in Compromise (OIC) with the IRS can seem like an overwhelming task, especially if you are not sure what paperwork is required. Filing the right forms … Read more

An Offer in Compromise (OIC) is one of the main ways taxpayers can settle their IRS debt for less than the full balance. It gives struggling taxpayers the chance to … Read more

If you are considering an Offer in Compromise, you’ll likely come across the term Reasonable Collection Potential (RCP). This is simply the IRS’ way of figuring out how much money … Read more

Owing back taxes can feel overwhelming, especially when the balance seems too large to ever pay off. Many people in this situation start to wonder if they will be stuck … Read more

When you accept an OIC, you are agreeing to a set of terms laid out by the IRS, including the payment schedule and your obligation to remain compliant with tax … Read more

Getting an Offer in Compromise (OIC) accepted by the IRS is a huge relief for anyone struggling with tax debt, as it means the IRS has agreed to let you … Read more

Receiving a rejection notice for your Offer in Compromise (OIC) submission can be disheartening, but it’s not the end of the road. There are several steps you can take to … Read more