An IRS offer in compromise can help you settle tax debt for less than you owe, but it's difficult to qualify for.

Utilizing Form 656, Offer in Compromise, you may be in a position to negotiate a settlement with the IRS. Here are the IRS basic guidelines for making an offer.

An Offer in Compromise can help settle tax debt for less, but there are a few things to know about the process.

An offer in compromise (OIC) is an agreement between the taxpayer and the IRS that settles a tax debt for less than the full amount owed. The program allows you, if you cannot feasibly pay the sum ...

Owing taxes can be stressful. As part of its "Dirty Dozen" campaign, the IRS has renewed a warning about so-called Offer in Compromise "mills" that often mislead taxpayers into believing they can ...

IRS 2025 report highlights OIC scams; taxpayers urged to verify eligibility and avoid aggressive marketing for debt settlement assistance.

IRS Offer in Compromise Acceptance and Payment Plan After you submit your application, the IRS will review your offer and assets to decide if your OIC is accepted or rejected.

Establishing a good working relationship with the IRS agent assigned to your case will go a long way to an approval recommendation of your offer in compromise.