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The IRS Offer in Compromise (OIC) program is a tax debt relief option that allows eligible individuals to settle their outstanding tax debts for less than the full amount owed. At DK Tax Relief, our team of tax professionals can help you navigate the complicated application process.
The IRS evaluates several factors when considering an OIC, including the taxpayer’s income, expenses, asset equity, and future earning potential. To be eligible, you must be current with all your tax filing and payment obligations.
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