Offers in Compromise

What is an Offer in Compromise?

An OIC is one of the most powerful debt resolution tools available, but it's also one of the most complex. The IRS carefully evaluates your ability to pay based on your income, expenses, assets, and future earning potential. If approved, you can settle your tax debt for a fraction of what you owe and get a fresh financial start.

How Wheeler/Corr Tax Solutions Can Help?

Not everyone qualifies for an Offer in Compromise, and the application process is rigorous. The IRS rejects approximately 60% of OIC applications, often because they're incomplete, improperly documented, or filed by taxpayers who don't actually qualify.