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Family at a Beach
Family at a Beach

Grandma and Grandchild in Embrace
Grandma and Grandchild in Embrace

Financial consultant presents bank investments to a young couple
Financial consultant presents bank investments to a young couple

Family at a Beach
Family at a Beach

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Offers in Compromise

Under the first round of Fresh Start, the IRS expanded a new streamlined Offer in Compromise (OIC) program to cover a larger group of struggling taxpayers. An offer-in-compromise is an agreement between a taxpayer and the IRS that settles the taxpayer’s tax liabilities for less than the full amount owed.

The IRS recognizes that many taxpayers are still struggling to pay their bills so the agency has been working to put in place more common-sense changes to the OIC program to more closely reflect real-world situations.

For example, the IRS has more flexibility with financial analysis for determining reasonable collection potential for distressed taxpayers.

Generally, an offer will not be accepted if the IRS believes that the liability can be paid in full as a lump sum or through a payment agreement. The IRS looks at the taxpayer’s income and assets to make a determination regarding the taxpayer’s ability to pay. Published July 06, 2018 Irs

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Our IRS Tax Professionals bring 20 years of experience to each and every case we handle.  Every client is top priority!


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