What is the current OIC acceptance process?
Your application information and financial documentation will be evaluated. If your OIC is acceptable, the OIC Section will submit a recommendation to management for approval. If the compromise of the tax or fee portion of the liability is more than $7,500, your OIC must also be approved by the Board Members at a public hearing. Offers for tax and fee programs with no statutory provision for an OIC are submitted to the Attorney General’s office.
