Overwhelming Tax Debt
An Offer in Compromise (OIC) can reduce your tax liability to an amount you can actually afford based on your financial situation.
Offer in Compromise (OIC)
Settle your tax debt for less than the full amount owed. Our experts help you qualify and successfully negotiate with the IRS.
Who This Helps
- Taxpayers who cannot pay their full tax debt
- Those experiencing financial hardship
- Taxpayers facing liens and levies
- Individuals facing collection actions
- Those who cannot pay through installment agreements
- Taxpayers wanting a fresh start
Need help with an Offer in Compromise? We can help.
An Offer in Compromise (OIC) represents the IRS's most powerful debt settlement program, allowing qualified taxpayers to resolve their entire tax liability for a fraction of the amount owed when full payment would create genuine financial hardship or is simply not possible. At Resolve Federal Tax Group, we specialize in Offer in Compromise preparation, qualification analysis and negotiation, helping taxpayers achieve dramatic tax debt reduction through this complex but highly beneficial program. The OIC program exists because the IRS recognizes that aggressive collection against taxpayers who truly cannot pay often proves counterproductive, making settlement for a reduced amount more beneficial than pursuing collection indefinitely. However, qualification requirements are strict and application procedures are complex, requiring detailed financial disclosure, proper documentation and compelling presentation of your inability to pay. Our experienced professionals will conduct thorough financial analysis to determine if you qualify for an Offer in Compromise, calculate the minimum settlement amount the IRS will likely accept based on your income and assets and prepare comprehensive application packages that maximize approval chances. We understand the IRS collection financial standards, know how to present your financial situation most favorably and can identify often-overlooked factors that reduce your reasonable collection potential. Beyond initial application preparation, we handle IRS inquiries, provide supplemental documentation and negotiate with revenue officers to defend your offer amount and secure acceptance. The OIC process typically takes 6-12 months but can take longer depending on IRS operations. Our expertise significantly improves your chances of approval while ensuring you don't offer to pay more than necessary. An accepted Offer in Compromise provides a true fresh start, eliminating your entire tax debt for the agreed settlement amount and giving you the opportunity to move forward financially unburdened. Don't assume you can't qualify for tax debt settlement without professional evaluation. Contact Resolve Federal Tax Group today for a free consultation and comprehensive analysis of whether an Offer in Compromise can dramatically reduce your IRS tax debt.
How We Help
1
Qualification Analysis
We analyze your financial situation to determine if you qualify for an Offer in Compromise (OIC) and calculate a reasonable offer amount.
2
Application Preparation
We prepare comprehensive financial documentation and submit a complete OIC application package to the IRS.
3
Negotiation
We negotiate with the IRS, responding to inquiries and providing additional documentation as needed to support your offer.
4
Acceptance & Compliance
Once accepted, we help you fulfill the payment terms and maintain compliance to preserve your OIC agreement.
Common Problems & Solutions
Collection Actions
Submitting an OIC can stop certain collection activities while your offer is under consideration.
Application Rejection
We prepare thorough applications with proper documentation to maximize acceptance chances and handle any rejections through appeals.
Financial Hardship
We demonstrate to the IRS that paying the full amount would create economic hardship, supporting your case for compromise.
Frequently Asked Questions
The settlement amount depends on your ability to pay based on income, expenses, and asset equity. The IRS calculates this using specific formulas. We analyze your situation to determine the minimum acceptable offer.
You must have filed all required tax returns, made required estimated payments for the current year and not be in an open bankruptcy proceeding. Additionally, the IRS must determine you cannot pay the full amount.
The OIC process typically takes 6-12 months but can take longer depending on IRS operations. Complex cases may take longer than non-complex cases. We work diligently to move the process forward efficiently and as quickly as possible.
If rejected, you have the right to appeal the decision. We can file an appeal and present additional information to support your case. Alternative resolution options may also be available.
Yes, the IRS requires an application fee and initial payment with your offer. Low-income taxpayers may qualify for a fee waiver. We'll explain all costs upfront during your consultation.
Ready to Get Started?
Contact us today for a free consultation. Let us help you resolve your tax problems.
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