OFFER IN COMPROMISE An OIC permits a taxpayer to pay a lower total up to please the whole tax obligation financial debt. During the authorization process, the IRS checks out a taxpayer’& rsquo; s financial circumstance as well as compares the taxpayer’& rsquo; s whole tax debt to their current economic status. If accepted right into the OIC program, the taxpayer will undergo continual testimonial of their economic condition to guarantee that they can not pay for to make bigger tax obligation payments.