Assertion: compromise | /r/HasProperty | oic
Facets:
Source sentences:
text: An offer in compromise (OIC) is an agreement between a taxpayer and the Internal Revenue Service that settles a taxpayer's tax liabilities for less than the full amount owed.
text: Use Form 656 when applying for an Offer in Compromise (OIC), which is an agreement between you and the IRS that settles your tax liabilities for less than the full amount that you owe.
text: An offer in compromise (OIC) could be the solution you’re looking for.
text: Approved by Congress to aid taxpayers, an Offer in Compromise (OIC) can be the ideal solution for resolving your tax problem as it can result in significant savings.
text: Taxpayers who can pay what they owe through an installment agreement or other means, don’t qualify for an offer in compromise (OIC) and the IRS says it won’t accept an Offer in Compromise unless the amount offered is equal to or greater than the reasonable collection potential.
text: An Offer in Compromise (OIC) is an agreement between a taxpayer and the IRS to settle a tax debt for less than the full amount owed.
text: An offer in compromise (OIC) is an option offered by the IRS that allows a taxpayer to settle their debt for less than what is actually owed.
text: Use this tool to see if you may be eligible for an offer in compromise (OIC).
text: You can request an offer in compromise (OIC) for one of three reasons, and you'll have to make your case for each:
text: The IRS has a program known as an Offer in Compromise (OIC) which provides financially distressed taxpayers an opportunity to settle their tax debts, including interest and penalties, for a lump sum which is less than the total amount owed.
text: After the IRS accepts my offer in compromise (OIC), what are my obligations?
text: If you can’t pay your tax debt in full, or if paying it all will create a financial hardship for you, an offer in compromise (OIC) may be an option.