Offer in Compromise
Settle federal tax debt for less than you owe — calculated, structured, and negotiated by licensed counsel.
Overview
An Offer in Compromise (OIC) allows qualifying taxpayers to resolve their full IRS debt for a fraction of the total balance. However, the IRS rejects over 60% of self-filed or mill-submitted offers. As a boutique, attorney-led firm, we do not guess. We analyze your Reasonable Collection Potential (RCP) using strict IRS financial standards—inspecting asset equity, Jacksonville living expense allowances, and statute expiration dates—before submitting Form 656. If you qualify, we fight for the absolute lowest legal settlement.
Want to see how the process unfolds before deciding? Review our step-by-step Offer in Compromise procedure guide.
What's Included
- Comprehensive IRS transcript pull & Reasonable Collection Potential (RCP) calculation
- Analysis of Florida homestead, asset protection, and allowable local living standards
- Preparation and submission of IRS Form 656 and Form 433-A (OIC / Financial Statement)
- Direct negotiation with IRS Offer Examiners and Appeals Officers
- Optional $350 Total Tax Diagnostic & Blueprint, credited toward resolution work when applicable
Frequently Asked Questions
How do I know if I actually qualify for an Offer in Compromise?
The IRS considers your income, expenses, assets and ability to pay when evaluating an offer. Start with a free initial tax resolution consultation. If it fits your case, the optional $350 Total Tax Diagnostic & Blueprint reviews authorized IRS transcripts and your notices and records to identify gaps and explain proposed next steps and a fixed quote. It does not include representation or guarantee that an offer will be accepted.
Does submitting an Offer in Compromise stop IRS bank levies or wage garnishments?
Yes. Once the IRS officially receives and accepts your OIC application for processing, active collection activities—including bank levies and wage garnishments—are automatically suspended while the offer is under evaluation.
What happens if the IRS rejects my Offer in Compromise?
If the IRS rejects an offer, the notice explains your appeal options and deadline. Contact us promptly so we can review the notice and discuss next steps. The optional diagnostic can inform proposed work, but it does not guarantee acceptance or reduce every risk of rejection.
See our full Tax Resolution, Tax Prep & Bookkeeping FAQ.
Offer in Compromise Across Northeast Florida
We handle offer in compromise cases for taxpayers and small business owners throughout the Jacksonville metro. Choose your city to see our local service area, ZIP codes served, and city FAQs.
Also serving all of Duval County, St. Johns County, Clay County, and Nassau County. See the full Jacksonville tax attorney overview.
Related Offer in Compromise Guides
Attorney-written deep-dives on the procedures, forms, and timelines behind offer in compromise.
Ready to talk about Offer in Compromise?
Call now for a free case review. We'll pull your transcripts and show you exactly what your options are.