The IRS  Offer in Compromise (OIC) program is designed for struggling taxpayers who, for whatever reason, are absolutely incapable of paying off their tax debt in full. It can be a powerful tool in helping you permanently eliminate your tax debt. If you owe back taxes to the IRS and you are unable to pay the debt in full, you may be eligible for tax relief through the offer in compromise program.

The IRS is notorious for its high rejection rate for Offer in Compromise applications. The key to winning Offer in Compromises is to first and foremost make sure that you qualify for it. What a lot of taxpayers do not realize is that they can spend all the time they want on putting their OIC together but if they don’t qualify for it in the first place, it really is just a waste of time.

To help our readers understand a little more about the Offer in Compromise process and how it can help you resolve your IRS back taxes for good, we have compiled a few of our top OIC articles. Read on for more info on how you can find out if you can win an OIC:

How to Get Tax Relief through the IRS Offer in Compromise Program

It is important to consult with a qualified tax professional (a tax attorney, CPA or Enrolled Agent who happens to be a Certified Tax Resolution Specialist) first to analyze your current financial situation, previous tax returns and other records. By determining exactly how much you owe the IRS, you are ensuring that you’re not obligating yourself to pay even a penny more than what you owe.

Find Out If an Offer in Compromise is REALLY Too Good to be True

It is completely normal for taxpayers to be skeptical of Offer in Compromises for just how good it all sounds. Is getting rid of IRS back taxes forever really as easy as applying for an OIC? Learn the “catch” to an OIC from our tax expert. Read more.

Tax Resolution Options For Those Who Do Not Qualify for an OIC

Winning an Offer in Compromise to resolve tax debt sounds great, but what if you do not qualify for it? Are there still comparable tax resolution options out there for you? Explore what you can do to reduce or dissolve your IRS tax debt even if you’re not a winning OIC candidate. Read more.

Stay Updated on IRS Changes to Processing OIC Applications

Believe it or not, the IRS is actually trying to increase their acceptance rate for Offer in Compromises. Learn how the new IRS procedures in processing OICs can positively affect how your application is reviewed. Read more.

Real-Life Tax Resolution Stories: OIC Saves Man $5 Million in IRS Back Taxes

Real tax resolution stories like this one ought to encourage taxpayers who feel overwhelmed by their tax debt to remain hopeful for potentially great tax resolution outcomes. TRS was able to save this taxpayer more than $5 million in back taxes with a successful Offer in Compromise settlement. Read more.

How to Make the IRS an Offer they Can’t Refuse

Not sure how to go about reducing your IRS back taxes? It’s time to take advantage of the tax help resources available to you. Check out these great tax help tips about how to negotiate an affordable tax settlement with the IRS. Read more.

The bottom line is: don’t hesitate to get tax help if you aren’t sure what to do about your tax problems. Applying for an Offer in Compromise can be complex and overwhelming–tap into the expertise of tax experts (tax attorney, CPA, Certified Tax Resolution Specialist) and let them fight on your side against IRS tax problems.

Tax Resolution Services is a team of expert tax attorneys, CPAs, and Certified Tax Resolution Specialists who are here to take your IRS tax problems off your dining room table and into our tax help office. Call us today at 1-866-IRS-PROBLEMS for a free, no-risk tax resolution consultation or visit www.taxresolution.com.

More Tax Help, IRS News and Tax Relief Tips:

1. Tax Help News: IRS Enforcement to Get Priority, Big Bucks in 2010
2. IRS Tax Relief: Seven Common Income Tax Relief Myths That Can Get You into IRS Trouble
3. Tax Resolution News: IRS Warns Against Frivolous Tax Arguments That Can Incur Severe Penalties
4. Tax Help: How to Resolve Your Back Taxes & Prevent Tax Problems If You’re Short on Cash This Season
5. Tax Help From the IRS: Upcoming Saturday Open Houses For Resolving Tax Problems

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This entry was posted on Tuesday, March 9th, 2010 at 6:56 pm and is filed under Expert Help From Tax Attorney, Expiration of the Collection Statute, IRS Installment Agreements, IRS Overview, IRS help, Identity Theft, Innocent Spouse, Offers in Compromise, Seeking Professional Tax Help, Tax Debt Help News, Tax Liens and Levies, Tax Problem FAQs, Tax Trivia Challenge, Taxpayer Advocate, Unfiled Returns - Delinquent Tax Returns, Working with the IRS, tax help. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.