Taxpayers should check their eligibility for free using the IRS Offer in Compromise Pre-Qualifier tool.

Tax IRS issues warning about Offer in Compromise 'mills' By Michael Cohn September 19, 2024, 2:40 p.m. EDT 1 Min Read ...

If you owe taxes to the Internal Revenue Service (IRS) but cannot afford to pay the full amount, you might qualify for an Offer in Compromise (OIC). This program allows eligible taxpayers to settle ...

CLEVELAND — The 2025 IRS “Dirty Dozen” scam report warns taxpayers that scammers continue to target people who are trying to settle their debts with the agency. During tax season, scammers have ...

This is called an “offer in compromise,” and the IRS will typically approve a settlement offer if it “represents the most [they] can expect to collect within a reasonable period of time ...

Facing overwhelming tax debt can be daunting, especially with mounting interest and penalties. However, the IRS offers several relief options, including the Offer in Compromise (OIC), which allows ...

While an Offer in Compromise is a legitimate program offered by the government agency that helps qualifying taxpayers settle tax debts for less than the full amount owed, these agreements are made ...

The American Rescue Plan was a pivotal legislative measure introduced in 2021 to assist Americans grappling with financial difficulties due to the unforeseen COVID-19 pandemic. This plan encompassed ...