An Offer in Compromise (OIC) is a formal agreement between a taxpayer and the IRS that settles the taxpayer’s debt for less than the full amount owed. It allows taxpayers who cannot afford to pay their delinquent tax liability the opportunity to settle permanently for a reduced amount. If an OIC is not prepared or submitted correctly or if the taxpayer is not in compliance, the IRS can and will reject an OIC.
During your initial FREE consultation, our tax consultants complete a detailed financial interview with you to determine if an OIC can be pursued. Once you have been assigned a tax attorney, they will perform a comprehensive review of your case to confirm that your account is in compliance with the IRS. After an OIC is filed, your tax attorney will work to negotiate with the IRS on your behalf to achieve the lowest settlement possible.
If you cannot pay your tax debt in full, the OIC program is for you. The OIC program has given countless taxpayers the opportunity for a fresh start, enabling them to get back on track with their lives.
Call Direct Tax Relief today at (800) 505-4134 for your FREE Tax Resolution Analysis.