What percentage of OIC applications are accepted?

The IRS accepts approximately 33% of OIC applications. However, professionally prepared applications have significantly higher acceptance rates due to proper documentation and realistic offer amounts.

How long does the OIC process take?

Typically 6-12 months from submission to resolution. During this time, most collection activities are suspended.

What if my Offer in Compromise is rejected?

You have 30 days to appeal. If the appeal fails, we explore alternative resolution strategies like installment agreements or Currently Not Collectible status.

Offer in Compromise in Los Angeles

Name: Los Angeles Relief
Address: Los Angeles, CA, US
Telephone: (213) 555-0123
Price range: $$

The Offer in Compromise program allows you to settle your tax debt for less than the full amount owed. Our specialists have helped hundreds of Los Angeles residents settle their IRS debt for pennies on the dollar.

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What is an Offer in Compromise?

An Offer in Compromise (OIC) is an IRS program that lets you settle tax debt for less than you owe. The IRS accepts OICs when they determine collecting the full amount is unlikely. Successful offers often settle debt for 10-30% of the original amount.

OIC Qualification Criteria

The IRS evaluates your Reasonable Collection Potential (RCP) based on income, expenses, assets, and future earning capacity. You may qualify if your RCP is less than your total debt, you've experienced hardship, or there's doubt about the amount owed.