The IRS Offer in Compromise program allows eligible taxpayers to settle their balance for less than the full amount owed. Because qualification is based on strict IRS financial standards, we begin with a detailed eligibility review to determine whether this program may be appropriate for your situation.
An Offer in Compromise (OIC) is an established IRS program — not a loophole or shortcut. When reviewing an offer, the IRS looks closely at your income, assets, necessary living expenses, and overall ability to pay before making a decision. If the IRS determines you qualify based on their rules and financial formulas, you may be able to settle your balance for an amount that reflects your reasonable collection potential.
Our goal is to help you understand how the IRS views your situation so you can make informed decisions about your tax-resolution options.
Submitting an OIC can be complex. Many rejections stem from incomplete paperwork, incorrect financial calculations, or misunderstanding what the IRS expects. We assist by preparing a complete, well-documented package that aligns with IRS requirements.
Our support typically includes:
Gathering and organizing financial documentation
Reviewing IRS transcripts
Preparing required IRS forms
Ensuring calculations follow IRS guidelines
Communicating with the IRS as your representative
Keeping you informed throughout each step of the process
We handle the entire process directly with the IRS under your authorization, keeping you informed at every step so you never have to deal with the IRS on your own.
If your offer is approved, the IRS requires strict compliance going forward. This includes:
Falling out of compliance can cause the IRS to reinstate your original balance. After your OIC is completed, you have the option to continue with our monitoring service, which provides ongoing support to help you stay on track and maintain good standing with the IRS.
An Offer in Compromise can be a powerful option if you meet the eligibility requirements set by the IRS. During your consultation, we’ll review your financial situation, help you understand whether you may qualify, and discuss alternative resolutions if an OIC isn’t the best fit.
An Offer in Compromise is a program offered by the IRS that allows qualified taxpayers to settle their tax debt for less than the full amount owed. It’s designed for individuals or businesses who are genuinely unable to pay their full tax liability.
Eligibility is based on your unique financial situation—including your income, expenses, assets, and ability to pay. The IRS will only accept an offer if they believe it reflects the most they can reasonably collect within a certain timeframe.
There is no set percentage. The IRS calculates your “reasonable collection potential,” which is based on your financials. If your offer is less than this amount, it will likely be rejected. At PickleTax Resolutions, we help you determine a realistic and acceptable offer amount.
The IRS requires detailed financial documentation as part of the OIC review process. At PickleTax Resolutions, we’ll let you know exactly what’s needed and handle the preparation and submission for you as your authorized representative.
It typically takes 6 to 12 months for the IRS to review and decide on an Offer in Compromise. During this period, collections may be paused depending on your situation. At PickleTax Resolutions, we track your case closely and handle all correspondence with the IRS on your behalf.
You must comply with all the terms: make payments as agreed, file taxes on time, and stay current for the next 5 years. Failing to do so can result in your offer being revoked—and the full debt coming back.
If your Offer in Compromise is denied, the IRS will send a written explanation, and you have the option to appeal within 30 days. Many rejections happen because of incomplete forms or miscalculations. At PickleTax Resolutions, we work to help you avoid those issues from the beginning.