IRS Tax Resolution How Does the IRS Calculate an Offer in Compromise? One of the biggest misconceptions about an Offer in Compromise (OIC) is that the IRS simply agrees to “settle for pennies on the dollar.” That is not how the program works. The IRS uses a structured financial analysis to determine whether accepting less
The post How Does the IRS Calculate an Offer in Compromise? appeared first on Polaris Tax & Accounting.