Services
An IRS Offer in Compromise (OIC) allows you to legally settle your tax debt for a fraction of what you owe if paying the full amount would create financial hardship. Our experienced tax attorneys have helped thousands of clients successfully get OICs approved, reducing or eliminating their tax liabilities.
What Is an IRS Offer in Compromise?
An Offer in Compromise is a formal agreement with the IRS where you pay a reduced lump sum or make payments over time to settle your entire tax debt (including penalties and interest). The IRS accepts OICs when they believe it’s the best way to collect what they can reasonably expect.
Who Qualifies for an Offer in Compromise?
You may qualify if:
- Paying the full debt would cause economic hardship
- There is doubt as to collectibility (IRS can’t realistically collect the full amount)
- There is doubt as to liability (tax debt may be incorrect)
- Exceptional circumstances exist (e.g., health issues, age, etc.)
The most common type is Doubt as to Collectibility – based on your income, expenses, assets, and ability to pay.
Benefits of an Approved Offer in Compromise
- Settle for a fraction of the original debt (often 10–30% or less)
- Stop IRS collections (levies, garnishments, liens)
- Avoid bankruptcy in many cases
- Get a fresh financial start
- Lien released or withdrawn upon full payment
- Pre-Qualification Review
- Complete Financial Analysis
- Prepare & Submit the Offer
- Negotiate with the IRS
- Secure Approval & Compliance
Call expert
(209) 3091235
Write email
info@payurtaxes.com
Visit office
1401, 21st S7 Sacramento CA 95811
