An offer in compromise allows you to settle your tax debt for less than the full amount you owe. It may be a legitimate option if you can't pay your full tax liability or doing so creates a financial …

Offer in Compromise Pre-Qualifier

Feb 11, 2025 · The correct term for having your tax debt significantly reduced is an “Offer In Compromise." An Offer In Compromise allows taxpayers to settle their tax debt for less than …

Jul 1, 2025 · The offer in compromise (OIC) program gets much taxpayer attention, and not always for the right reasons. Many clients ask if they can "settle for less" with the IRS, …

6 days ago · An IRS offer in compromise is a program allowing certain taxpayers to settle tax debt for less than they owe. Taxpayers must meet qualification requirements to apply, and the IRS …

Feb 18, 2025 · Read on to learn more about IRS offers in compromise and how to apply – then decide if this is the right debt-payoff solution for you.

Frequently asked questions provides information on the offer process from submission to closure.

May 7, 2024 · What is an offer in compromise? It's when the IRS lets you settle tax debt for less than you owe. Look at requirements, forms, and options for an offer in compromise.

Oct 16, 2024 · The IRS offer in compromise (OIC) program lets you settle your tax debt for less than the full amount you owe. You suggest the amount to pay, and the IRS then can accept or …

Jul 24, 2025 · Most people do not qualify for an Offer in Compromise. This article breaks down what the program actually is, who qualifies, and what other options exist if you don’t meet the …