OFFER IN COMPROMISE An OIC enables a taxpayer to pay a minimal quantity to please the whole tax debt. During the authorization process, the IRS checks out a taxpayer’& rsquo; s financial scenario and also compares the taxpayer’& rsquo; s entire tax obligation financial obligation to their present economic condition. If approved right into the OIC program, the taxpayer will certainly go through continual testimonial of their financial status to make certain that they can not pay for to make bigger tax obligation repayments.