Tax Negotiation

IRS Offer in Compromise (OIC)

An Offer in Compromise (OIC) is an IRS program that allows eligible taxpayers to settle their tax debt for less than the full amount owed. If you cannot pay your full tax liability, or doing so would create financial hardship, the IRS may accept a lesser amount as payment in full.

The IRS considers your ability to pay, income, expenses, and asset equity when evaluating an OIC. Our licensed tax professionals guide you through every step — from determining eligibility to submitting a compelling offer on your behalf.

Eligibility

Do You Qualify for an OIC?

The IRS accepts OIC applications when one of the following conditions applies. You may qualify if:

• ✓ You cannot pay the full amount through an installment agreement
• ✓ Paying in full would cause exceptional financial hardship
• ✓ There is doubt that the IRS can collect the full amount before the statute of limitations expires
• ✓ There is doubt as to whether you actually owe the liability
• ✓ You are in compliance with all filing and payment requirements

The Process

How the OIC Process Works

The OIC application process can take 6–24 months. Our team manages every detail so you can focus on your life, not the IRS.

Watch Out

Avoid OIC Scams

The OIC program is legitimate, but the industry attracts bad actors who promise to settle your debt for "pennies on the dollar" without properly evaluating your case. Warning signs include:

• ✗ Upfront fees before reviewing your financials
• ✗ Guaranteed settlement amounts before the IRS reviews your case
• ✗ Unlicensed representatives or no clear credentials
• ✗ Pressure to sign contracts without explaining the full process

TaxReliefConnection works with licensed Enrolled Agents, CPAs, and Tax Attorneys who are bound by professional ethics and authorized to represent you before the IRS.