OFFER IN COMPROMISE An OIC allows a taxpayer to pay a lower quantity to satisfy the whole tax financial debt. Throughout the authorization process, the IRS investigates a taxpayer’& rsquo; s monetary scenario and also contrasts the taxpayer’& rsquo; s entire tax debt to their existing economic condition. If approved into the OIC program, the taxpayer will certainly undergo constant testimonial of their economic standing to make certain that they can not manage to make bigger tax obligation repayments.