IRS Offer in Compromise
IRS Offer in Compromise
Turn
Overwhelming Tax
Debt Into Manageable Relief
If you owe more to the IRS than you can reasonably pay, an Offer in Compromise (OIC) could be your lifeline. This powerful IRS program allows you to legally settle your tax debt for less than the full amount owed—sometimes for pennies on the dollar.
At In-Sync Accounting & Consulting, we know how to navigate the complex IRS rules, negotiate on your behalf, and position your case for the best possible outcome.
What is an Offer in Compromise?
An IRS Offer in Compromise (OIC) gives eligible taxpayers the chance to resolve their tax debt for less than the full amount owed.
How the IRS decides:
- Ability to Pay – Can you realistically pay your tax debt?
- Monthly Income & Expenses – Are you covering basic living costs?
- Assets & Equity – What resources do you have available?
If you qualify, you may be able to reduce or eliminate your IRS debt for good.
You may qualify if:
- You cannot afford to pay your full tax balance.
- You are current with all tax filing requirements.
- You are not in bankruptcy proceedings.
- There’s a legitimate doubt about your ability to pay.
