The Complexity of an OIC (Don’t Try This at Home)


Let’s face it. The IRS wants to collect its tax debt. And if you owe a large sum, they especially want to bring that money in. Sure, they aren’t paid on commission, but this is their job, and, probably like all of us, they are held to certain marks and standards. With that being said, a settlement with the IRS (also called an Offer in Compromise) isn’t impossible (it’s just not exactly easy, either).

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James* Owed Over $118K to the IRS—But Not Anymore!

back taxes

When he came to Direct Tax Relief, James* was in IRS debt to the tune of over $118,000 in back taxes, fees and penalties. DTR immediately filed a settlement offer on James’ behalf. The IRS took nearly six months to assign an Offer Examiner to the case, and, despite repeated contact with DTR, the offer was rejected. Luckily, that didn’t stop them from continuing to pursue a resolution.

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I Filed My Tax Return. What Are the Chances of an IRS Audit?

IRS audit Most people would agree that any notice coming from the IRS is scary news. So much so, that many taxpayers cringe when receiving correspondence and leave important notices, like a CP2000 Notice of Underreported Income, unopened.
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