periodic payment offer Archives - FREE Yourself from IRS Problems

Shamsey Oloko March 18, 2016 Appeals, Civil Liabilities, Civil Penalties, Collection Activities, Criminal Liabilities, Federal Tax Liens & Levies, Income Tax, Offer-In-Compromise

The IRS Offer-In-Compromise Program – How Does It Really Work?

An offer in compromise (OIC) is an agreement between a taxpayer and the Internal Revenue Service that settles the taxpayer’s tax liabilities for less than the full amount owed. If the tax liabilities can be fully paid through an installment agreement…