Offer In Compromise

IRS Offer in Compromise

This is a good option for taxpayers who are unable to pay off the federal tax including interest within the IRS collection period or do not have the income or assets to pay their tax balance in full. This collection period is usually 10 years fom the date the tax return was filed. The OIC processing time can take up to 6 months but if approved taxpayers can eliminate their federal tax balances. 

Please contract us for additional OIC requirements.