OFFER IN COMPROMISE An OIC permits a taxpayer to pay a lower total up to satisfy the whole tax debt. Throughout the authorization process, the IRS explores a taxpayer’& rsquo; s monetary scenario and also contrasts the taxpayer’& rsquo; s entire tax debt to their existing economic standing. If accepted right into the OIC program, the taxpayer will undergo continual review of their economic status to make sure that they can not manage to make bigger tax repayments.