IRS Offer in Compromise Program

An Offer in Compromise allows you to settle your tax debt for less than you owe. We evaluate your eligibility, prepare your application, and negotiate with the IRS on your behalf.

Schedule a Free Consultation → Learn How We Work

5.0 ★Google Rating

51+5-Star Reviews

50States Licensed

Schedule Your Consultation

Settle Your Tax Debt for Less

An Offer in Compromise (OIC) is an agreement between a taxpayer and the IRS that settles the taxpayer's tax liability for less than the full amount owed. It is a legitimate program, but the IRS accepts only about one-third of applications, making proper preparation essential.

The IRS considers your ability to pay, your income and expenses, your asset equity, and your overall financial picture when evaluating an offer. They will only accept an OIC if they believe it represents the most they can reasonably expect to collect.

Our OIC Process

We start with a thorough financial analysis to determine whether you are a strong candidate. If an OIC makes sense, we prepare Form 656 and all supporting documentation, calculate the lowest offer the IRS is likely to accept, present and negotiate your case with the IRS, and handle all follow-up and appeals if necessary.

Why Infinity

You Deserve an Accountant Who Actually Cares

We built Infinity Accounting Solutions around a simple belief: business owners deserve expert accounting support without feeling like just another client number. By combining modern technology with old-school relationship building, we provide the personalized service, accessibility, and trusted guidance that businesses need to grow with confidence.

Big-Firm Expertise. Boutique Experience.

We bring the technical knowledge of larger firms together with the personalized attention of a boutique practice.

Your Accountant for Life

Relationships come first. We believe accounting is about more than just numbers. We build long-term relationships based on trust, communication, and a genuine understanding of your business.

A Partner, Not Just a Provider

Whether you need bookkeeping, controllership support, or tax guidance, we're here to help you make informed decisions, not just deliver reports.

Modern & Accessible

Enjoy the convenience of a virtual firm powered by best-in-class technology, paired with the real human attention, responsiveness, and personal service you deserve.

Infinity Accounting founders in conversation

5.0 ★Google Rating

51+5-Star Reviews

50States Licensed

Frequently Asked Questions

Common Questions About IRS Offer in Compromise Program

How much can I settle my tax debt for?

The amount depends on your financial situation. The IRS has a formula based on your income, expenses, and assets. In some cases, taxpayers have settled debts of $100,000 or more for a fraction of the balance.

How long does the OIC process take?

The IRS currently takes 6 to 12 months to process most offers. During this time, collection activity is typically suspended. We prepare your case thoroughly to maximize the chances of acceptance.

What if my Offer in Compromise is rejected?

If your offer is rejected, you have the right to appeal within 30 days. We handle the appeal process and can often negotiate a better outcome. If an OIC is not the right option, we explore alternatives like installment agreements.