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

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

Fact checked by Betsy Petrick Key Takeaways The IRS has 10 years to collect from you if you don't pay your taxes.Income, Social Security and retirement benefits, bank accounts, and tangible property ...

At MD Sullivan Tax Group, Sullivan and Salinger take a fundamentally different approach. With decades of experience inside ...

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

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.

Dutton’s attorney received a second letter from the IRS dated July 23, 2001, stating no refund was permitted if the IRS granted relief under section 6015 (c)—contrary to the implication in the first ...

The IRS has a pre-qualifier assessment that will make it easy to determine if you qualify for an Offer in Compromise.

Some tax relief debt companies still refer to IRS installment plans or the Offer in Compromise as the IRS Fresh Start Program. However, the Fresh Start program itself no longer exists.

The IRS maintained that its rejection of an offer in compromise was an exercise of its administrative discretion. Citing IRC section 7122 (a), which says the Secretary of the Treasury “may compromise ...