IRS Offer in Compromise: Settle Your Tax Debt for Less with a Tax Attorney

IRS OIC

What Is an IRS Offer in Compromise (OIC)?

An IRS Offer in Compromise (OIC) allows qualifying taxpayers to settle their tax debt for less than the total amount owed. It’s one of the most effective tools to get a fresh financial start — and it’s available to more people than many realize.

At Rona Law Firm, we’ve helped clients across Southern California save millions of dollars in total IRS and state tax debt through successful Offers in Compromise and other resolution strategies.

Do You Qualify for an Offer in Compromise?

The IRS only approves offers when it believes there’s no realistic way to collect the full balance. You may qualify if:

• You cannot pay your tax debt in full without severe financial hardship

  
  

• You are up to date on all required filings

  
  

• You are not currently in bankruptcy

The IRS uses a strict formula based on your income, assets, expenses, and future earning potential to determine your eligibility.

Why Choose Rona Law Firm?

We specialize in tax resolution law and have helped individuals, families, and small business owners achieve life-changing tax relief. We handle the entire OIC process for you, including:

• Eligibility analysis

  
  

• Full preparation of your financial package

  
  

• Negotiation with the IRS

  
  

• Communication and protection from collection efforts

Our goal is simple: Get you the lowest possible settlement the IRS will accept — and protect your income, assets, and peace of mind along the way.

Types of IRS Offers in Compromise

• Lump Sum Cash Offer

  
  

• Pay 20% upfront, then the balance within 5 months.

  
  

• Periodic Payment Offer

  
  

• Pay in monthly installments while the IRS reviews your case.

Each has pros and cons depending on your financial situation — we’ll help you choose the best strategy.

Common IRS Debts Resolved Through OIC

• Back taxes from past years

  
  

• Self-employment and 1099 tax debt

  
  

• Penalties and interest

  
  

• Payroll tax debt

  
  

• Business tax liabilities

  
  

We’ve helped clients eliminate six-figure balances, stop wage garnishments, and prevent property seizures through carefully crafted offers.

We’ve Helped Clients Save Over Millions

With deep experience and a proven process, our firm has saved taxpayers millions of dollars collectively through Offers in Compromise, penalty abatement, and other relief programs. If the IRS has you stressed or overwhelmed, you are not alone — and you do have options.

Is an Offer in Compromise Right for You?

During your free consultation, we’ll review your full financial picture and determine whether an OIC is right for you — or if another tax resolution option might bring better results.

Next Steps: Talk to a Tax Attorney Who Fights for You

You don’t have to deal with the IRS alone. Let Rona Law Firm guide you toward permanent tax relief. We proudly serve clients across Los Angeles, Orange County, Riverside, San Diego, Ventura, and beyond.

📞 Call today at 818.964.1829 or 📩 email info@ronalawfirm.com to submit your contact form to schedule a free consultation.

Let’s get your peace of mind back — and your IRS balance behind you.