Offer in Compromise


What is an Offer in Compromise?

An offer in compromise (or, “OIC”) is an option to resolve tax debt or debts based on either a financial inability to afford full payment or special circumstance. The three different types of offer in compromise proposals the IRS allows taxpayers to request are explained in further detail below:

OIC: Doubt as to Collectability

This is the most commonly filed and accepted type of OIC by taxpayers. Simply stated, if you can prove through disclosure of your financial information (assets, income, and monthly allowable expenses) that you cannot afford to pay the tax debt owed, the IRS could potentially agree to settle with you for the less than the full balance owed. Full financial disclosure is required in order to request and be granted approval this type of request to resolve your tax debt.

OIC: Effective Tax Administration

This type of OIC is filed when there are “special circumstances” in regard to your specific tax debt and personal situation. Perhaps this could be a serious medical issue, a natural disaster, or limited current/future income, which although you currently do have the ability to “full pay” what you owe, doing so would prevent you from a normal course of living in the future. Full financial disclosure is also required here, as well as specific information regarding your special circumstances.

OIC: Doubt as to Liability

This type of OIC is filed when you believe the IRS has incorrectly assessed a balance against you. Although financial disclosure is not required for this type of OIC because you are disputing whether or not the full amount is owed, you do need to provide evidence as to why you believe the balance is either inaccurate or incorrectly billed in order to gain approval for this type of OIC.


Successful Resolutions

Dawn G.
Dawn G.
1 month ago
I called Ryan needing advice. He was so helpful. Within days of my initial call, he had reviewed my paperwork and give me sound advice. Ryan was...
Roy J.
Roy J.
3 months ago
If you're in a bind with the IRS then Ryan is the man to help you out. From the first time we met he was upfront & honest about everything & answered all my...
Audrey Jude A.
Audrey Jude A.
2 months ago
The two encounters I had with him over the phone were completely unpleasant, making unnecessarily rude comments. He's been completely unprofessional and...
Helen Larkin
Helen Larkin
5 months ago
Ryan was very helpful, knowledgeable, and comforting in that “rip off the bandaid quickly” kind of way. In a scary and uncomfortable situation, he let us know our options and what he would advise. I know that for any future tax issues, or if my friends and family need a recommendation, Ryan is the best person I can think of.
Melanie Aldis-Figaro
Melanie Aldis-Figaro
2 years ago
Ryan is trustworthy, professional and is an expert in resolving tax and debt issues. We have stressed about our taxes for a long time, and he came in and helped us reconcile our issues quickly and efficiently. He continued to communicate with us during the process. We were never in the dark about what was happening and how he was going to help us. And…he completely helped us and found the best resolution for our family. Most importantly is that he is honest and cares. We felt listened to and valued. So refreshing. We highly recommend him!
David Perkins
David Perkins
10 months ago
I had questions about my tax situation and even though up front I stated I would not need any official legal services, Ryan was happy to talk me through my questions free of charge. He is knowledgeable and professional, and if I needed a tax attorney's services I wouldn't hesitate to go to him first.

Proud Member Of


Need help? Book a call at a time to suit you