An IRS offer in compromise can help you settle tax debt for less than you owe, but it's difficult to qualify for.

Utilizing Form 656, Offer in Compromise, you may be in a position to negotiate a settlement with the IRS. Here are the IRS basic guidelines for making an offer.

An Offer in Compromise can help settle tax debt for less, but there are a few things to know about the process.

An Offer in Compromise can help settle tax debt for less, but there are a few things to know about the process.

The IRS’s offer in compromise program allows taxpayers facing financial hardships to settle their outstanding tax liability for pennies on the dollar. But there are rules everyone must follow.

On May 21, 2012 the Internal Revenue Service announced another expansion of its "Fresh Start" initiative by offering more flexible terms to its Offer in Compromise (OIC) program. This newest ...

Since 2012 the IRS has been much more willing to compromise with taxpayers with overwhelming tax debt than in the prior decade. In recent years the acceptance rate has reached 40%; for of the ...

Establishing a good working relationship with the IRS agent assigned to your case will go a long way to an approval recommendation of your offer in compromise.

An Offer in Compromise can help settle tax debt for less, but there are a few things to know about the process.