Offer in Compromise
Settle IRS tax debt for less than you owe with a strategic, legally sound resolution.
One of the most frequently requested IRS debt relief options, an Offer in Compromise (OIC) allows qualified taxpayers to resolve their tax debt for less than the full amount owed. Goldberg Tax has extensive experience helping individuals and businesses pursue realistic, legally defensible settlements based on their true financial circumstances.
Each OIC case is based on a client’s specific income, assets, expenses, and future earning potential. We evaluate whether an Offer in Compromise is a viable solution — and when it is not, we guide clients toward stronger alternatives within our broader tax collection & relief practice.
What is an Offer in Compromise?
An Offer in Compromise is a formal agreement with the IRS that allows a taxpayer to settle outstanding tax debt for less than the full balance owed. The IRS approves OICs only when it determines that:
- Full collection is unlikely
- There is legitimate doubt as to liability
- Payment would create economic hardship
Approval is not automatic. The IRS applies strict financial formulas, asset valuations, and cash flow projections. Improperly prepared offers are routinely rejected.
Offer in Compromise matters we handle
Our approach to Offer in Compromise cases
We conduct a full legal and financial review of income, expenses, equity, retirement accounts, and future earning capacity under IRS guidelines.
If active collections exist, we pursue immediate protection through tax collection & relief strategies such as levy releases, holds, or Currently Not Collectible status.
We prepare all required documentation, IRS forms, and supporting legal arguments to maximize approval probability.
If the IRS challenges the offer, we negotiate, defend valuation issues, and appeal rejections when appropriate.
Why work with Goldberg Tax?
- Extensive experience handling IRS collection disputes
- Advanced financial analysis under IRS OIC standards
- Strategic protection against levies, liens, and garnishments
- Strong negotiation and appeals advocacy
- Litigation-ready if disputes escalate into tax litigation
- Clear, practical guidance throughout the resolution process
When you should consider an Offer in Compromise
An Offer in Compromise may be appropriate if:
- You cannot realistically pay your tax debt in full
- The IRS is pursuing levies, liens, or wage garnishments
- You face long-term financial hardship
- Your business has payroll or employment tax debt
- Your debt is growing due to penalties and interest
- Other resolution methods are no longer feasible
Not every taxpayer qualifies — and submitting an unqualified OIC can trigger aggressive enforcement. Proper legal screening is critical.
Frequently asked questions
Yes — but acceptance rates remain strict. Well-documented, properly structured offers have the highest success rate.
There is no fixed percentage. Settlement amounts depend on income, assets, expenses, and future earning potential.
In many cases, yes — but improper filing can lead to renewed enforcement.
You may appeal, revise the offer, or pursue alternate tax collection & relief strategies.
Yes. Businesses with payroll and operating tax debt may qualify under certain conditions.
Tell us what you're dealing with.
Confidential. No obligation. We respond within one business day.