OFFER IN COMPROMISE An OIC permits a taxpayer to pay a lower total up to please the whole tax obligation financial obligation. Throughout the authorization procedure, the IRS checks out a taxpayer’& rsquo; s financial scenario as well as compares the taxpayer’& rsquo; s whole tax debt to their current financial condition. If accepted into the OIC program, the taxpayer will certainly go through continuous testimonial of their financial status to make certain that they can not afford to make bigger tax payments.