What is the Advantage of Hiring a Tax Professional to help me with my OIC?
The process of getting an Offer in Compromise accepted by the IRS is long and detailed. It often takes over a year from the time a taxpayer begins the OIC process to the time the Offer is ultimately accepted, re-negotiated or rejected. A quality tax professional will be familiar with this process and will provide assistance with each step along the way. A tax professional will make sure that your forms are filled out correctly and will also make sure that the dollar amount of the Offer you are making is as low is can be based on your individual situation.