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E. Ray Critchett, Zaino & Humphrey, LPA | Ray Critchett
Generally, the Offer in Compromise (or OIC) program is an IRS program under 26 U.S.C Sec 7122 which allows certain individuals with an unpaid tax debt to negotiate a settlement amount which is less than the actual tax debt owed to the IRS. Tax attorneys can frequently assist in obtaining reasonable terms for the Offer in Compromise.
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You may contact our office to schedule an appointment if you have further questions or if you need assistance with this issue. You can also schedule an appointment or obtain additional information at our website.
Answer Applies to: Ohio
Replied: 10/14/2010
