Offer in Compromise

Settle Your Tax Debt for a Fraction of What You Owe.

You want to pay the IRS and move on with your life, but doing the math reveals a painful truth: you simply do not have the money.

The IRS has a program designed for taxpayers who cannot realistically pay off their debt before the collection statute expires. It is called an Offer in Compromise (OIC). If approved, you can settle your debt for pennies on the dollar.

However, the IRS rejects the vast majority of OIC applications because they are filled out incorrectly. We build bulletproof OIC cases for our clients.

How we build a winning Offer in Compromise:

• Pre-Qualification: We do the math first to ensure you actually qualify before you pay IRS application fees.
• Asset & Expense Valuations: We strictly calculate your Reasonable Collection Potential (RCP) using localized Bronx financial standards.
• Application & Appeals: We handle the massive paperwork burden and aggressively appeal any unjust rejections.

Frequently Asked Questions:

What is the minimum offer the IRS will accept? There is no universal minimum. The IRS accepts an offer equal to the "Reasonable Collection Potential," which is the sum of your realizable assets plus your disposable income over a set period.

Can I file an Offer in Compromise by myself? You can, but it is highly discouraged. The financial formulas are complex. A local accounting service in the Bronx knows how to legally maximize your allowable expenses to lower your settlement offer.