Offer in Compromise
Settle Your Tax Debt for Less
If you’re dealing with significant tax debt and struggling to pay it in full, an Offer in Compromise (OIC) may provide the fresh start you need. This IRS program allows eligible individuals to settle their tax liability for less than the total amount owed, based on their current financial situation. At ERider Consulting, we specialize in guiding you through the OIC application process, helping you determine your eligibility and assisting you every step of the way toward successful tax debt resolution.
What is an Offer in Compromise?
An Offer in Compromise (OIC) is a formal agreement with the IRS that allows you to settle tax liability by reducing your tax debt based on your ability to pay. The OIC application process involves the IRS considering several factors: your income and monthly expenses, the equity in your assets, and your overall ability to pay in full over time. If the IRS determines that paying the full amount would lead to financial hardship or that the debt is legally uncollectible, they may accept a reduced settlement as part of your tax debt resolution.
How We Help
Comprehensive Eligibility Review
We begin with a detailed review of your financial profile, including income, expenses, assets, and liabilities, to assess your eligibility for the OIC application process, which can help you settle tax liability through an effective tax debt resolution.
Expert Application Preparation
We complete and submit IRS Form 656 along with all required financial forms as part of the OIC application process, ensuring accuracy and transparency to strengthen your proposal for settling tax liability and achieving effective tax debt resolution.
Strategic Case Presentation
Our team expertly navigates the OIC application process to frame your case, emphasizing your financial limitations and illustrating why a reduced payment is both fair and necessary to settle tax liability. With years of experience in IRS negotiations, we are well-equipped to present a strong and compelling offer for effective tax debt resolution.
Ongoing IRS Communication & Updates
We manage all correspondence with the IRS throughout the OIC application process, respond to additional requests for information, and provide regular updates on your case so you always know where things stand regarding your tax debt resolution and efforts to settle tax liability.
Why Choose Us?
Experienced Professionals in IRS Debt Resolution
In-Depth Financial Assessments & Custom OIC Strategies
In-Depth Financial Assessments & Custom OIC Strategies
With years of experience handling IRS tax debt cases, our team understands the ins and outs of the OIC application process. We bring practical expertise and strategic insight to each case, helping you settle tax liability effectively and avoid costly missteps, ultimately positioning your offer for the best possible outcome in tax debt resolution.
In-Depth Financial Assessments & Custom OIC Strategies
In-Depth Financial Assessments & Custom OIC Strategies
In-Depth Financial Assessments & Custom OIC Strategies
Every financial situation is unique. That’s why we conduct a comprehensive review of your income, expenses, assets, and debts as part of the OIC application process to craft a tailored approach. We don’t just check eligibility—we build a strategy that not only helps you settle tax liability but also supports long-term tax debt resolution and financial relief.
Accurate, Complete Application Preparation
In-Depth Financial Assessments & Custom OIC Strategies
Accurate, Complete Application Preparation
The IRS requires detailed documentation for the OIC application process—and even small errors can lead to rejection. We ensure your application is prepared with precision to help you settle tax liability, including all required forms, financial disclosures, and supporting documentation, giving your offer the best chance of approval in your tax debt resolution efforts.
Responsive, One-on-One Client Support
Committed to Your Long-Term Financial Peace
Accurate, Complete Application Preparation
You’re never just a file in our system. From your initial consultation to IRS decision, we guide you through the OIC application process, offering personalized support and clear communication at every step. You’ll always know what to expect, what’s needed to settle tax liability, and where your case stands in the tax debt resolution journey.
Committed to Your Long-Term Financial Peace
Committed to Your Long-Term Financial Peace
Committed to Your Long-Term Financial Peace
Our work doesn’t stop at submitting your offer during the OIC application process. We’re here to help you understand your financial options, build better habits, and avoid future tax issues related to your tax debt resolution. We want you to move forward with confidence—and the tools to maintain your success while you settle tax liability.
Frequently Asked Questions
Here are some common questions we hear from clients struggling with tax debt and exploring an Offer in Compromise. These answers can help you understand the process—and how ERider Consulting can support your application every step of the way.
An OIC allows you to settle your IRS tax debt for less than the full amount owed, if you meet certain financial qualifications. It’s designed for those who cannot reasonably pay their full balance.
Eligibility is based on your income, expenses, assets, and ability to pay. The IRS reviews your entire financial picture to determine if your offer reflects what they can realistically collect. We perform a detailed analysis to help you find out.
There’s no one-size-fits-all answer. The IRS uses your reasonable collection potential (RCP) to calculate a minimum acceptable amount. We help you calculate and structure an offer the IRS is more likely to accept.
You’ll need to submit IRS forms (656 and 433-A OIC or 433-B OIC) along with supporting documents like bank statements, pay stubs, mortgage details, and asset records. We’ll guide you through every step and ensure accuracy.
Typically, 6–9 months or longer, depending on IRS processing times and whether they request additional info. We stay on top of deadlines and follow up regularly to move your case forward.
Yes. Once the IRS determines your OIC application is complete, collections are generally paused while they review your case.
You can appeal the decision within 30 days. We’ll review the rejection reasons, strengthen your documentation if needed, and guide you through the appeal process.
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